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Apartments 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 2, Chaucer Road, Romford is £278,627 and the estimated rental value is £1,397 per month.
Chaucer Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
2, Chaucer Road, Romford has 3 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated October 2013.
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 2, Chaucer Road, Romford is in very good condition we estimate a sale value of £292,559 and a rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,124 and a rental value of £1,299 per month.
Over the last 12 months the sale value of 2 Chaucer Road Romford has increased by an estimated £1,971 (0.7%) and its rental value has increased by an estimated £26 per month (1.9%), giving an expected gross yield of 6%.
2, Chaucer Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 2013.
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, 2, Chaucer Road, Romford was last sold on 7th January 2022 for £273,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2022, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chaucer Road, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 26, Cowley Road, Romford, RM3 7ET, a leasehold flat which sold for £275,000 on the 13th October 2023.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chaucer Road, Romford, RM3 has a total of 52 addresses. According to our analysis of all the public data, 2, Chaucer Road, Romford is the 52nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in RM3.
The nearest school is Hilldene Primary School which is 300 metres away. The nearest train station is Harold Wood which is 2.0 kilometres away.
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