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According to the public record, 243, Gorseway, Romford is a early-century freehold house with 721 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 243, Gorseway, Romford is £395,187 and the estimated rental value is £1,877 per month.
Gorseway, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
243, Gorseway, Romford has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 243, Gorseway, Romford is in very good condition we estimate a sale value of £414,946 and a rental value of £1,971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,524 and a rental value of £1,746 per month.
Over the last 12 months the sale value of 243 Gorseway Romford has increased by an estimated £5,804 (1.5%) and its rental value has increased by an estimated £49 per month (2.6%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 243, Gorseway, Romford sits on a plot of 259m2.
We have plot size data on 30 out of 34 other houses in the postcode and 243, Gorseway, Romford sits on the 17th largest plot.
243, Gorseway, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 243, Gorseway, Romford was last sold on 29th March 2016 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2016, the market for similar properties has risen 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 243, Gorseway, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 158, Gorseway, Romford, RM7 0SH, a freehold house which sold for £375,000 on the 3rd October 2024.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorseway, Romford, RM7 has a total of 260 addresses. According to our analysis of all the public data, 243, Gorseway, Romford is the 248th largest and the 252nd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in RM7.
The nearest school is Rush Green Primary School which is 321 metres away. The nearest train station is Elm Park which is 1.6 kilometres away.
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