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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12, Scotspine Lane, Romford is a modern leasehold house with 904 ft2 of internal area and sits on a 93.5 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 12, Scotspine Lane, Romford is £387,528 and the estimated rental value is £2,102 per month.
Scotspine Lane, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
12, Scotspine Lane, Romford has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated April 2023.
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.
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 12, Scotspine Lane, Romford is in very good condition we estimate a sale value of £406,905 and a rental value of £2,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,401 and a rental value of £1,955 per month.
Over the last 12 months the sale value of 12 Scotspine Lane Romford has increased by an estimated £8,907 (2.3%) and its rental value has increased by an estimated £57 per month (2.7%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 12, Scotspine Lane, Romford sits on a plot of 93m2.
We have plot size data on 3 out of 17 other houses in the postcode and 12, Scotspine Lane, Romford sits on the 3rd largest plot.
12, Scotspine Lane, Romford has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 21 Apr 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, 12, Scotspine Lane, Romford was last sold on 15th March 2024 for £380,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Scotspine Lane, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 17, Scotspine Lane, Romford, RM3 0FY, a leasehold house which sold for £180,000 on the 16th May 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scotspine Lane, Romford, RM3 has a total of 17 addresses. According to our analysis of all the public data, 12, Scotspine Lane, Romford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £891 less expensive than the average property in RM3.
The nearest school is Redden Court School which is 642 metres away. The nearest train station is Harold Wood which is 500 metres away.
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