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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Heaton Way, Romford is a early-century freehold house with 748 ft2 of internal area and sits on a 369 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Heaton Way, Romford is £397,989 and the estimated rental value is £1,992 per month.
Heaton Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
40, Heaton Way, Romford has 31 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated September 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 40, Heaton Way, Romford is in very good condition we estimate a sale value of £417,889 and a rental value of £2,092 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,130 and a rental value of £1,853 per month.
Over the last 12 months the sale value of 40 Heaton Way Romford has increased by an estimated £8,362 (2.1%) and its rental value has increased by an estimated £80 per month (4.0%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 40, Heaton Way, Romford sits on a plot of 369m2.
We have plot size data on 39 out of 39 other houses in the postcode and 40, Heaton Way, Romford sits on the 28th largest plot.
40, Heaton Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2011.
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, Heaton Way, Romford was last sold on 22nd December 2021 for £412,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2021, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Heaton Way, Romford within a radius of 410 metres over the last 2 years.
The most recent example is 177, Straight Road, Romford, RM3 7JJ, a freehold house which sold for £380,000 on the 3rd March 2023.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heaton Way, Romford, RM3 has a total of 51 addresses. According to our analysis of all the public data, 40, Heaton Way, Romford is the 45th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in RM3.
The nearest school is Hilldene Primary School which is 400 metres away. The nearest train station is Harold Wood which is 1.8 kilometres away.
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