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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, 28, Lucerne Way, Romford is a mid-century apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 28, Lucerne Way, Romford is £221,375 and the estimated rental value is £1,418 per month.
Lucerne Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
28, Lucerne Way, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 28, Lucerne Way, Romford is in very good condition we estimate a sale value of £232,444 and a rental value of £1,489 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,879 and a rental value of £1,318 per month.
Over the last 12 months the sale value of 28 Lucerne Way Romford has increased by an estimated £6,631 (3.0%) and its rental value has increased by an estimated £47 per month (3.3%), giving an expected gross yield of 7.7%.
28, Lucerne Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 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, 28, Lucerne Way, Romford was last sold on 12th April 2006 for £105,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Lucerne Way, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 2, Penistone Walk, Romford, RM3 8YB, a leasehold flat which sold for £243,000 on the 29th August 2023.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lucerne Way, Romford, RM3 has a total of 66 addresses. According to our analysis of all the public data, 28, Lucerne Way, Romford is the 63rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in RM3.
The nearest school is Broadford Primary School which is 334 metres away. The nearest train station is Harold Wood which is 1.5 kilometres away.
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