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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, Homeway, Romford is £461,427 and the estimated rental value is £2,104 per month.
Homeway, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
40, Homeway, Romford has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated August 2023.
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 40, Homeway, Romford is in very good condition we estimate a sale value of £484,498 and a rental value of £2,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £429,127 and a rental value of £1,957 per month.
Over the last 12 months the sale value of 40 Homeway Romford has increased by an estimated £10,606 (2.3%) and its rental value has increased by an estimated £57 per month (2.7%), giving an expected gross yield of 5.5%.
40, Homeway, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Aug 2023.
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, Homeway, Romford was last sold on 22nd April 2024 for £455,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Homeway, Romford within a radius of 950 metres over the last 2 years.
The most recent example is Kelsale, Colchester Road, Romford, RM3 0AN, a freehold house which sold for £435,000 on the 31st October 2025.
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, 40, Homeway, Romford is the 46th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £73k 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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