10, Reed Pond Walk
10, Reed Pond Walk
Description & Estimates
10, Reed Pond Walk, Romford is recorded publicly as a period freehold house across 1,991 ft2 of internal area, sitting on a 662 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 10, Reed Pond Walk, Romford is £1,323,923 and its rental estimate is £4,571 per month, given the available information and assuming reasonable condition.
Reed Pond Walk, Romford, RM2 falls within the RM2 postal district, in the borough of Havering.
Our Data Sources
10, Reed Pond Walk, Romford has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated February 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 10, Reed Pond Walk, Romford, we estimate a market value of £1,390,119 and a rental value of £4,799 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,231,249 and £4,251 per month respectively.
Recent Market Change
Over the last year, 10, Reed Pond Walk, Romford has seen its estimated sale value move up by £6,287 (0.5%) and its estimated rental value increase by £73 per month (1.6%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 10, Reed Pond Walk, Romford as measuring 662 m2.
That makes it the 6th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
10, Reed Pond Walk, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Feb 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 10, Reed Pond Walk, Romford completed on 28th September 2021 at £1,200,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 21.8% over the period since September 2021.
- Sold Sep 2021£1,200,000
- Sold May 2002£415,000
- Sold Jun 1997£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 10, Reed Pond Walk, Romford have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2024, was 7, Meadway, Romford, RM2 5NU, a freehold house which sold for £1,170,000.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 39 addresses on Reed Pond Walk, Romford, RM2, 10, Reed Pond Walk, Romford comes out as the 6th largest and the 4th most expensive in our analysis of the public data.
It is also £771k more expensive than the average property across the RM2 district.
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Schools Nearby
- 800mGidea Park Primary School
- 1.2kmRise Park Junior School
- 1.2kmRise Park Infant School
- 600mMarshalls Park Academy
- 1.3kmThe Royal Liberty School
- 1.8kmBower Park Academy
More reading links
Public Transport Nearby
From 10, Reed Pond Walk, Romford, the nearest station is Gidea Park, 1.3 kilometres away.
- 1.3kmGidea Park
- 1.9kmRomford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
