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According to the public record, 4, Homeway, Romford is a modern freehold house with 1,732 ft2 of internal area and sits on a 482 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 4, Homeway, Romford is £646,054 and the estimated rental value is £2,639 per month.
Homeway, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
4, Homeway, Romford has 2 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated February 2024.
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.
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 4, Homeway, Romford is in very good condition we estimate a sale value of £678,357 and a rental value of £2,771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,831 and a rental value of £2,455 per month.
Over the last 12 months the sale value of 4 Homeway Romford has increased by an estimated £7,415 (1.1%) and its rental value has increased by an estimated £46 per month (1.7%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 4, Homeway, Romford sits on a plot of 482m2.
We have plot size data on 55 out of 58 other houses in the postcode and 4, Homeway, Romford sits on the 21st largest plot.
4, Homeway, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas, Boiler and radiators, mains gas.
According to HM Land Registry, 4, Homeway, Romford was last sold on 26th September 2024 for £680,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2024, the market for similar properties has dropped 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Homeway, Romford within a radius of 820 metres over the last 2 years.
The most recent example is 6B, Kenilworth Avenue, Romford, RM3 9NE, a freehold house which sold for £555,000 on the 26th September 2023.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homeway, Romford, RM3 has a total of 58 addresses. According to our analysis of all the public data, 4, Homeway, Romford is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £258k more expensive than the average property in RM3.
The nearest school is Harold Court Primary School which is 779 metres away. The nearest train station is Harold Wood which is 1.5 kilometres away.
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