24, Lake Rise
24, Lake Rise
Description & Estimates
Public records show 24, Lake Rise, Romford to be an early-century freehold house with 1,302 ft2 of internal area, sitting on a 753 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
24, Lake Rise, Romford has an estimated sale value of £890,034 and an estimated rental value of £3,828 per month, assuming reasonable condition and based on the information available.
Lake Rise, Romford, RM1 lies in the borough of Havering, within the RM1 postal district.
Our Data Sources
24, Lake Rise, Romford has 21 entries in the Land Registry , most recently in February 2025 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 24, Lake Rise, Romford would be worth £934,535, with a potential rental value of £4,019 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £827,731, with a rental value of £3,560 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 24, Lake Rise, Romford has risen by £2,111 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £81 (2.1%). The property's estimated gross yield is currently 5.2%.
Plot Size
24, Lake Rise, Romford occupies a 753 m2 plot as recorded by HM Land Registry.
All 31 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
24, Lake Rise, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Lake Rise, Romford last changed hands on 12th February 2025, selling for £1,157,000. 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 dropped by 19.6% since February 2025.
- Sold Feb 2025£1,157,000
- Sold Nov 2005£535,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 24, Lake Rise, Romford across the last 2 years.
Most recently, 41, Main Road, Romford, RM1 3DL, a freehold house, sold at £860,000 on the 7th April 2025.
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 24, Lake Rise, Romford as the 76th largest and the 40th most expensive of the 113 addresses on Lake Rise, Romford, RM1.
Against the RM1 postcode district average, it is £472k more expensive than the typical property.
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Schools Nearby
- 300mGidea Park Primary School
- 700mSt Edward's Church of England Voluntary Aided Primary School
- 800mSt Peter's Catholic Primary School
- 700mMarshalls Park Academy
- 1.4kmThe Royal Liberty School
- 1.5kmThe Frances Bardsley Academy for Girls
More reading links
Public Transport Nearby
Gidea Park station is the nearest stop to 24, Lake Rise, Romford at 1.2 kilometres away.
- 1.2kmGidea Park
- 1.2kmRomford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
