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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Safflower Lane, Romford is a modern freehold house with 1,356 ft2 of internal area and sits on a 129 m2 plot.
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, Safflower Lane, Romford is £690,603 and the estimated rental value is £2,507 per month.
Safflower Lane, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
2, Safflower Lane, Romford has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated February 2017.
We combine this information with that 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, Safflower Lane, Romford is in very good condition we estimate a sale value of £725,134 and a rental value of £2,632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £642,261 and a rental value of £2,331 per month.
Over the last 12 months the sale value of 2 Safflower Lane Romford has increased by an estimated £7,926 (1.1%) and its rental value has increased by an estimated £44 per month (1.7%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Safflower Lane, Romford sits on a plot of 129m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Safflower Lane, Romford sits on the 7th largest plot.
2, Safflower Lane, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Feb 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 HM Land Registry, 2, Safflower Lane, Romford was last sold on 31st March 2017 for £595,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2017, the market for similar properties has dropped 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Safflower Lane, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 7, Safflower Lane, Romford, RM3 0LN, a freehold house which sold for £570,000 on the 9th May 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Safflower Lane, Romford, RM3 has a total of 77 addresses. According to our analysis of all the public data, 2, Safflower Lane, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £302k more expensive than the average property in RM3.
The nearest school is Redden Court School which is 700 metres away. The nearest train station is Harold Wood which is 300 metres away.
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