316, Eastern Avenue East
316, Eastern Avenue East
Description & Estimates
316, Eastern Avenue East, Romford is recorded publicly as an early-century freehold house across 624 ft2 of internal area, sitting on a 314 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 316, Eastern Avenue East, Romford is £350,136 and its rental estimate is £1,844 per month, given the available information and assuming reasonable condition.
Eastern Avenue East, Romford, RM2 falls within the RM2 postal district, in the borough of Havering.
Our Data Sources
316, Eastern Avenue East, Romford has 41 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated May 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 316, Eastern Avenue East, Romford, we estimate a market value of £367,643 and a rental value of £1,936 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £325,627 and £1,714 per month respectively.
Recent Market Change
Over the last year, 316, Eastern Avenue East, Romford has seen its estimated sale value move up by £11,433 (3.3%) and its estimated rental value increase by £81 per month (4.4%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 316, Eastern Avenue East, Romford as measuring 314 m2.
That makes it the 17th largest plot in the postcode, where 23 of the 24 other houses have recorded plot data.
Energy Efficiency
316, Eastern Avenue East, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 316, Eastern Avenue East, Romford completed on 21st July 2023 at £375,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 4.8% over the period since July 2023.
- Sold Jul 2023£375,000
- Sold Oct 2017£360,000
- Sold Nov 2014£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 316, Eastern Avenue East, Romford have sold within a radius of 920 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2019, was 201, Parkside Avenue, Romford, RM1 4NL, a freehold house which sold for £305,000.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 30 addresses on Eastern Avenue East, Romford, RM2, 316, Eastern Avenue East, Romford comes out as the 30th largest and the 24th most expensive in our analysis of the public data.
It is also £203k less expensive than the average property across the RM2 district.
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Schools Nearby
- 1.0kmRise Park Junior School
- 1.0kmRise Park Infant School
- 1.2kmGidea Park Primary School
- 700mMarshalls Park Academy
- 1.4kmBower Park Academy
- 1.6kmThe Royal Liberty School
More reading links
Public Transport Nearby
From 316, Eastern Avenue East, Romford, the nearest station is Gidea Park, 1.7 kilometres away.
- 1.7kmGidea Park
- 2.3kmRomford
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
