297, South Street
297, South Street
Description & Estimates
Public records show 297, South Street, Romford to be a mid-century leasehold apartment with 467 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
297, South Street, Romford has an estimated sale value of £214,230 and an estimated rental value of £1,278 per month, assuming reasonable condition and based on the information available.
South Street, Romford, RM1 lies in the borough of Havering, within the RM1 postal district.
Our Data Sources
297, South Street, Romford has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated October 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 297, South Street, Romford would be worth £224,941, with a potential rental value of £1,341 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £199,234, with a rental value of £1,188 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 297, South Street, Romford has grown by £2,077 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £36 (2.8%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
297, South Street, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
297, South Street, Romford last changed hands on 7th October 2021, selling for £190,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 7.3% since October 2021.
- Sold Oct 2021£190,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 450 metres of 297, South Street, Romford across the last 2 years.
Most recently, Flat 94, Tolbut Court, Lennox Close, Romford, RM1 2DZ, a leasehold flat, sold at £215,000 on the 19th December 2024.
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 297, South Street, Romford as the 467th largest and the 481st most expensive of the 683 addresses on South Street, Romford, RM1.
Against the RM1 postcode district average, it is £204k less expensive than the typical property.
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Schools Nearby
- 700mConcordia Academy
- 800mHylands Primary School
- 900mSt Mary's Catholic Primary School
- 900mThe Frances Bardsley Academy for Girls
- 1.5kmHornchurch High School
- 2.3kmSt Edward's Church of England Academy
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Public Transport Nearby
Romford station is the nearest stop to 297, South Street, Romford at 0 metres away.
- 500mRomford
- 1.9kmGidea Park
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.
