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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Peony Road, Romford is £569,934 and the estimated rental value is £2,570 per month.
Peony Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
2, Peony Road, Romford has no records in the the Land Registry and a single entry in the EPC database dated October 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Peony Road, Romford is in very good condition we estimate a sale value of £598,431 and a rental value of £2,699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,039 and a rental value of £2,390 per month.
Over the last 12 months the sale value of 2 Peony Road Romford has increased by an estimated £6,541 (1.1%) and its rental value has increased by an estimated £45 per month (1.7%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Peony Road, Romford sits on a plot of 170m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Peony Road, Romford sits on the 3rd largest plot.
2, Peony Road, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Peony Road, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 325, Hilldene Avenue, Romford, RM3 8DJ, a freehold house which sold for £465,000 on the 28th March 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peony Road, Romford, RM3 has a total of 3 addresses. According to our analysis of all the public data, 2, Peony Road, Romford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £182k more expensive than the average property in RM3.
The nearest school is Drapers' Brookside Junior School which is 293 metres away. The nearest train station is Harold Wood which is 2.0 kilometres away.
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