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Company No. 11113204
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According to the public record, 115, Gorseway, Romford is a early-century leasehold house with 1,054 ft2 of internal area and sits on a 270 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 115, Gorseway, Romford is £470,201 and the estimated rental value is £2,132 per month.
Gorseway, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
115, Gorseway, Romford has 21 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 115, Gorseway, Romford is in very good condition we estimate a sale value of £493,711 and a rental value of £2,239 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,287 and a rental value of £1,983 per month.
Over the last 12 months the sale value of 115 Gorseway Romford has increased by an estimated £6,905 (1.5%) and its rental value has increased by an estimated £56 per month (2.6%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 115, Gorseway, Romford sits on a plot of 270m2.
We have plot size data on 38 out of 38 other houses in the postcode and 115, Gorseway, Romford sits on the 37th largest plot.
115, Gorseway, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 115, Gorseway, Romford was last sold on 1st March 2024 for £425,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since March 2024, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 115, Gorseway, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 50, Gorseway, Romford, RM7 0RS, a freehold house which sold for £470,000 on the 14th November 2024.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorseway, Romford, RM7 has a total of 260 addresses. According to our analysis of all the public data, 115, Gorseway, Romford is the 105th largest and the 138th most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in RM7.
The nearest school is Rush Green Primary School which is 462 metres away. The nearest train station is Elm Park which is 1.6 kilometres away.
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