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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, 5, Broadway, Romford is a early-century freehold house with 2,486 ft2 of internal area and sits on a 1,431 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Broadway, Romford is £1,459,467 and the estimated rental value is £5,027 per month.
Broadway, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
5, Broadway, Romford has a single entry in the Land Registry from January 2017 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Broadway, Romford is in very good condition we estimate a sale value of £1,532,441 and a rental value of £5,278 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,357,305 and a rental value of £4,675 per month.
Over the last 12 months the sale value of 5 Broadway Romford has increased by an estimated £15,657 (1.1%) and its rental value has increased by an estimated £85 per month (1.7%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 5, Broadway, Romford sits on a plot of 1431m2.
We have plot size data on 14 out of 14 other houses in the postcode and 5, Broadway, Romford sits on the 5th largest plot.
5, Broadway, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Aug 2016.
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, 5, Broadway, Romford was last sold on 27th January 2017 for £1,360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2017, the market for similar properties has dropped 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Broadway, Romford within a radius of 790 metres over the last 2 years.
The most recent example is 5, Parkway, Romford, RM2 5NT, a freehold house which sold for £1,500,000 on the 13th October 2023.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadway, Romford, RM2 has a total of 14 addresses. According to our analysis of all the public data, 5, Broadway, Romford is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £900k more expensive than the average property in RM2.
The nearest school is Gidea Park Primary School which is 571 metres away. The nearest train station is Gidea Park which is 1.0 kilometres away.
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