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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Preston Road, Romford is £218,766 and the estimated rental value is £1,377 per month.
Preston Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
23, Preston Road, Romford has 31 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated September 2022.
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 23, Preston Road, Romford is in very good condition we estimate a sale value of £229,705 and a rental value of £1,445 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,453 and a rental value of £1,280 per month.
Over the last 12 months the sale value of 23 Preston Road Romford has increased by an estimated £4,170 (1.9%) and its rental value has increased by an estimated £45 per month (3.3%), giving an expected gross yield of 7.6%.
23, Preston Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Preston Road, Romford was last sold on 27th November 2023 for £230,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2023, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Preston Road, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 40, Dorking Road, Romford, RM3 9AE, a leasehold flat which sold for £230,000 on the 28th November 2025.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, Romford, RM3 has a total of 66 addresses. According to our analysis of all the public data, 23, Preston Road, Romford is the 45th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in RM3.
The nearest school is Drapers' Brookside Infant School which is 600 metres away. The nearest train station is Harold Wood which is 2.5 kilometres away.
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