37, Farnes Drive
37, Farnes Drive
Description & Estimates
37, Farnes Drive, Romford is recorded publicly as an early-century freehold house across 947 ft2 of internal area, sitting on a 214 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 37, Farnes Drive, Romford is £492,369 and its rental estimate is £2,443 per month, given the available information and assuming reasonable condition.
Farnes Drive, Romford, RM2 falls within the RM2 postal district, in the borough of Havering.
Our Data Sources
37, Farnes Drive, Romford has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated February 2022.
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 37, Farnes Drive, Romford, we estimate a market value of £516,988 and a rental value of £2,565 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £457,903 and £2,272 per month respectively.
Recent Market Change
Over the last year, 37, Farnes Drive, Romford has seen its estimated sale value move up by £16,077 (3.3%) and its estimated rental value increase by £107 per month (4.4%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 37, Farnes Drive, Romford as measuring 214 m2.
That makes it the 33rd largest plot in the postcode, where 48 of the 50 other houses have recorded plot data.
Energy Efficiency
37, Farnes Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2022.
The property is 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 37, Farnes Drive, Romford completed on 29th July 2022 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 7.0% over the period since July 2022.
- Sold Jul 2022£400,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 37, Farnes Drive, Romford have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th September 2024, was 18, Gillian Crescent, Romford, RM2 6NU, a freehold house which sold for £480,000.
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 75 addresses on Farnes Drive, Romford, RM2, 37, Farnes Drive, Romford comes out as the 48th largest and the 56th most expensive in our analysis of the public data.
It is also £60k less expensive than the average property across the RM2 district.
More reading links
Schools Nearby
- 900mArdleigh Green Junior School
- 900mArdleigh Green Infant School
- 1.3kmHilldene Primary School
- 600mThe Royal Liberty School
- 1.5kmRedden Court School
- 1.7kmThe Campion School
More reading links
Public Transport Nearby
From 37, Farnes Drive, Romford, the nearest station is Gidea Park, 1.1 kilometres away.
- 1.1kmGidea Park
- 1.5kmHarold Wood
- 2.5kmEmerson Park
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 medium, based on Environment Agency data.
