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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Iris Path, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 651 ft2 of internal area and sits on a 104 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Iris Path, Romford is £257,957 and the estimated rental value is £1,548 per month.
Iris Path, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
2, Iris Path, Romford has 21 entries in the Land Registry , most recently in March 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 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 2, Iris Path, Romford is in very good condition we estimate a sale value of £270,855 and a rental value of £1,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,900 and a rental value of £1,440 per month.
Over the last 12 months the sale value of 2 Iris Path Romford has increased by an estimated £5,929 (2.3%) and its rental value has increased by an estimated £42 per month (2.7%), giving an expected gross yield of 7.2%.
According to data from HM Land Registry, 2, Iris Path, Romford sits on a plot of 104m2.
We have plot size data on 11 out of 18 other houses in the postcode and 2, Iris Path, Romford sits on the 4th largest plot.
According to HM Land Registry, 2, Iris Path, Romford was last sold on 27th March 2009 for £139,995 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2009, the market for similar properties has risen 187.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Iris Path, Romford within a radius of 460 metres over the last 2 years.
The most recent example is 53, Chatteris Avenue, Romford, RM3 8AT, a freehold house which sold for £180,000 on the 5th December 2013.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iris Path, Romford, RM3 has a total of 18 addresses. According to our analysis of all the public data, 2, Iris Path, Romford is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in RM3.
The nearest school is Broadford Primary School which is 616 metres away. The nearest train station is Harold Wood which is 1.4 kilometres away.
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