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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, 3, Broadway, Romford is a early-century freehold house with 1,356 ft2 of internal area and sits on a 1,100 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Broadway, Romford is £1,167,216 and the estimated rental value is £4,230 per month.
Broadway, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
3, Broadway, Romford has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that 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 3, Broadway, Romford is in very good condition we estimate a sale value of £1,225,577 and a rental value of £4,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,085,511 and a rental value of £3,934 per month.
Over the last 12 months the sale value of 3 Broadway Romford has increased by an estimated £21,410 (1.8%) and its rental value has increased by an estimated £109 per month (2.6%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 3, Broadway, Romford sits on a plot of 1100m2.
We have plot size data on 14 out of 14 other houses in the postcode and 3, Broadway, Romford sits on the 11th largest plot.
3, Broadway, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 May 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Broadway, Romford was last sold on 13th September 2021 for £1,090,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 24.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3, Broadway, Romford within a radius of 790 metres over the last 2 years.
The most recent example is 30, Reed Pond Walk, Romford, RM2 5PB, a freehold house which sold for £975,000 on the 29th September 2021.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadway, Romford, RM2 has a total of 14 addresses. According to our analysis of all the public data, 3, Broadway, Romford is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £608k more expensive than the average property in RM2.
The nearest school is Gidea Park Primary School which is 571 metres away. The nearest train station is Gidea Park which is 1.0 kilometres away.
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