2, Woodlands Road
2, Woodlands Road
Description & Estimates
The public record lists 2, Woodlands Road, Romford as a freehold house sitting on a 387 m2 plot.
Comparison with its neighbours suggests an early-century house with 525 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
2, Woodlands Road, Romford has an estimated sale value of £412,339 and an estimated rental value of £1,789 per month, assuming reasonable condition and based on the information available.
Woodlands Road, Romford, RM1 lies in the borough of Havering, within the RM1 postal district.
Our Data Sources
2, Woodlands Road, Romford has 2 entries in the Land Registry , most recently in August 2020 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.
Price Range & Condition
In very good condition, we estimate 2, Woodlands Road, Romford would be worth £432,956, with a potential rental value of £1,878 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £383,476, with a rental value of £1,663 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Woodlands Road, Romford has risen by £10,838 (2.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £78 (4.4%). The property's estimated gross yield is currently 5.2%.
Plot Size
2, Woodlands Road, Romford occupies a 387 m2 plot as recorded by HM Land Registry.
All 39 other houses in this postcode have recorded plot sizes, and this one ranks as the 12th largest.
Sold Prices
2, Woodlands Road, Romford last changed hands on 14th August 2020, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 36.8% since August 2020.
- Sold Aug 2020£300,000
- Sold Jan 2008£318,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 610 metres of 2, Woodlands Road, Romford across the last 2 years.
Most recently, 8, Roedean Drive, Romford, RM1 4GP, a freehold house, sold at £183,727 on the 29th November 2010.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Woodlands Road, Romford as the 39th largest and the 39th most expensive of the 39 addresses on Woodlands Road, Romford, RM1.
Against the RM1 postcode district average, it is £6k less expensive than the typical property.
More reading links
Schools Nearby
- 400mGidea Park Primary School
- 600mSt Edward's Church of England Voluntary Aided Primary School
- 600mSt Peter's Catholic Primary School
- 600mMarshalls Park Academy
- 1.5kmThe Royal Liberty School
- 1.5kmThe Frances Bardsley Academy for Girls
More reading links
Public Transport Nearby
Romford station is the nearest stop to 2, Woodlands Road, Romford at 1.2 kilometres away.
- 1.2kmRomford
- 1.3kmGidea Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
