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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, 15, Lucerne Way, Romford is a mid-century freehold house with 818 ft2 of internal area and sits on a 197 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 15, Lucerne Way, Romford is £352,375 and the estimated rental value is £1,999 per month.
Lucerne Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
15, Lucerne Way, Romford has a single entry in the Land Registry from April 2008 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 15, Lucerne Way, Romford is in very good condition we estimate a sale value of £369,994 and a rental value of £2,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,709 and a rental value of £1,859 per month.
Over the last 12 months the sale value of 15 Lucerne Way Romford has increased by an estimated £7,403 (2.1%) and its rental value has increased by an estimated £81 per month (4.0%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 15, Lucerne Way, Romford sits on a plot of 197m2.
We have plot size data on 36 out of 58 other houses in the postcode and 15, Lucerne Way, Romford sits on the largest plot.
15, Lucerne Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Dec 2020.
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, 15, Lucerne Way, Romford was last sold on 8th April 2008 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2008, the market for similar properties has risen 121.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Lucerne Way, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 24, Lucerne Way, Romford, RM3 8BS, a freehold house which sold for £325,000 on the 30th November 2023.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lucerne Way, Romford, RM3 has a total of 66 addresses. According to our analysis of all the public data, 15, Lucerne Way, Romford is the 33rd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in RM3.
The nearest school is Broadford Primary School which is 300 metres away. The nearest train station is Harold Wood which is 1.5 kilometres away.
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