3, Southern Way
3, Southern Way
Description & Estimates
According to the public record, 3, Southern Way, Romford is an early-century freehold house with 1,173 ft2 of internal area and sits on a 180 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, Southern Way, Romford is £517,778 and the estimated rental value is £2,406 per month.
Southern Way, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Our Data Sources
3, Southern Way, Romford has 21 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated December 2015.
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.
Price Range & Condition
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, Southern Way, Romford is in very good condition we estimate a sale value of £543,667 and a rental value of £2,526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,533 and a rental value of £2,237 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Southern Way, Romford has moved up by £462 (0.1%), while its estimated rental value has increased by £57 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Plot Size
According to data from HM Land Registry, 3, Southern Way, Romford sits on a plot of 180 m2.
We have plot size data on 40 out of 42 other houses in the postcode and 3, Southern Way, Romford sits on the 36th largest plot.
Energy Efficiency
3, Southern Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Southern Way, Romford was last sold on 31st March 2016 for £360,000 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 by 34.4%.
- Sold Mar 2016£360,000
- Sold Nov 2006£280,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Southern Way, Romford within a radius of 780 metres over the last 2 years.
The most recent example is 16, Southern Way, Romford, RM7 9PA, a freehold house which sold for £425,000 on the 22nd March 2024.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Southern Way, Romford, RM7 has a total of 56 addresses. According to our analysis of all the public data, 3, Southern Way, Romford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in RM7.
More reading links
Schools Nearby
- 700mCrowlands Primary School
- 900mWarren Junior School
- 1.1kmFurze Infant School
- 100mSt Edward's Church of England Academy
- 1.1kmThe Warren School
- 1.2kmAll Saints Catholic School and Technology College
More reading links
Public Transport Nearby
The closest station to 3, Southern Way, Romford is Chadwell Heath station, which is 1.8 kilometres away.
- 1.8kmChadwell Heath
- 2.0kmRomford
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
