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Company No. 11113204
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According to the public record, 172, Gorseway, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 637 ft2 of internal area and sits on a 267 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 172, Gorseway, Romford is £387,800 and the estimated rental value is £1,729 per month.
Gorseway, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
172, Gorseway, Romford has a single entry in the Land Registry from May 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 172, Gorseway, Romford is in very good condition we estimate a sale value of £407,189 and a rental value of £1,816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,654 and a rental value of £1,608 per month.
Over the last 12 months the sale value of 172 Gorseway Romford has increased by an estimated £10,860 (2.8%) and its rental value has increased by an estimated £69 per month (4.0%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 172, Gorseway, Romford sits on a plot of 267m2.
We have plot size data on 35 out of 40 other houses in the postcode and 172, Gorseway, Romford sits on the 19th largest plot.
According to HM Land Registry, 172, Gorseway, Romford was last sold on 12th May 2009 for £146,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 123.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 172, 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, 172, Gorseway, Romford is the 257th largest and the 256th most expensive property on the street.
When compared to the postcode district it is £13k 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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