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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 162, Gorseway, Romford is £389,633 and the estimated rental value is £1,737 per month.
Gorseway, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
162, Gorseway, Romford has 2 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated November 2014.
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 162, Gorseway, Romford is in very good condition we estimate a sale value of £409,114 and a rental value of £1,824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,358 and a rental value of £1,616 per month.
Over the last 12 months the sale value of 162 Gorseway Romford has increased by an estimated £10,911 (2.8%) and its rental value has increased by an estimated £70 per month (4.0%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 162, Gorseway, Romford sits on a plot of 266m2.
We have plot size data on 35 out of 40 other houses in the postcode and 162, Gorseway, Romford sits on the 20th largest plot.
162, Gorseway, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 162, Gorseway, Romford was last sold on 15th May 2015 for £238,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 53.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Gorseway, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 158, Gorseway, Romford, RM7 0SH, a freehold house which sold for £375,000 on the 3rd October 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, 162, Gorseway, Romford is the 256th largest and the 255th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in RM7.
The nearest school is Rush Green Primary School which is 261 metres away. The nearest train station is Elm Park which is 1.6 kilometres away.
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