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According to the public record, 40, Chaucer Road, Romford is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Chaucer Road, Romford is £280,126 and the estimated rental value is £1,487 per month.
Chaucer Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
40, Chaucer Road, Romford has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 40, Chaucer Road, Romford is in very good condition we estimate a sale value of £294,133 and a rental value of £1,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,517 and a rental value of £1,383 per month.
Over the last 12 months the sale value of 40 Chaucer Road Romford has increased by an estimated £5,339 (1.9%) and its rental value has increased by an estimated £49 per month (3.3%), giving an expected gross yield of 6.4%.
40, Chaucer Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Chaucer Road, Romford was last sold on 18th February 2022 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has risen 22.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Chaucer Road, Romford within a radius of 580 metres over the last 2 years.
The most recent example is 2, Meynell Road, Romford, RM3 7EL, a leasehold flat which sold for £300,000 on the 30th April 2025.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chaucer Road, Romford, RM3 has a total of 52 addresses. According to our analysis of all the public data, 40, Chaucer Road, Romford is the 23rd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in RM3.
The nearest school is Hilldene Primary School which is 300 metres away. The nearest train station is Gidea Park which is 2.1 kilometres away.
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