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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, 14, Philan Way, Romford is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Philan Way, Romford is £260,777 and the estimated rental value is £1,734 per month.
Philan Way, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
14, Philan Way, Romford has 31 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated December 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 14, Philan Way, Romford is in very good condition we estimate a sale value of £273,816 and a rental value of £1,821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,522 and a rental value of £1,613 per month.
Over the last 12 months the sale value of 14 Philan Way Romford has increased by an estimated £1,223 (0.5%) and its rental value has increased by an estimated £47 per month (2.7%), giving an expected gross yield of 8%.
14, Philan Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2016.
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, 14, Philan Way, Romford was last sold on 4th March 2022 for £270,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Philan Way, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 228, Chase Cross Road, Romford, RM5 3XP, a leasehold flat which sold for £260,000 on the 31st March 2025.
Read more about house prices in RM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Philan Way, Romford, RM5 has a total of 18 addresses. According to our analysis of all the public data, 14, Philan Way, Romford is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in RM5.
The closest station to 14, Philan Way, Romford is Romford station which is 3.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Philan Way, Romford, 43.6% of property is privately owned outright and 36.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 14, Philan Way, Romford, 15.3% of residents are recorded as possessing school level qualifications and 26.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 14, Philan Way, Romford, the average age was 38.8 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 14, Philan Way, Romford, 0.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 14, Philan Way, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
