51, Farnes Drive
51, Farnes Drive
Description & Estimates
51, Farnes Drive, Romford is described in the public record as an early-century house with 947 ft2 of internal area, sitting on a 302 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 51, Farnes Drive, Romford is £503,505 and its rental estimate is £2,480 per month, given the available information and assuming reasonable condition.
Farnes Drive, Romford, RM2 falls within the RM2 postal district, in the borough of Havering.
Our Data Sources
51, Farnes Drive, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2014.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 51, Farnes Drive, Romford, we estimate a market value of £528,681 and a rental value of £2,604 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £468,260 and £2,306 per month respectively.
Recent Market Change
Over the last year, 51, Farnes Drive, Romford has seen its estimated sale value rise by £16,441 (3.3%) and its estimated rental value move up by £109 per month (4.4%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 51, Farnes Drive, Romford as measuring 302 m2.
That makes it the 2nd largest plot in the postcode, where 23 of the 25 other houses have recorded plot data.
Energy Efficiency
51, Farnes Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 51, Farnes Drive, Romford completed on 22nd November 1999 at £107,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Nov 1999£107,000
- Sold Dec 1996£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51, Farnes Drive, Romford have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th September 2023, was 49, Gillian Crescent, Romford, RM2 6NU, a freehold house which sold for £427,500.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 75 addresses on Farnes Drive, Romford, RM2, 51, Farnes Drive, Romford comes out as the 45th largest and the 41st most expensive in our analysis of the public data.
It is also £49k less expensive than the average property across the RM2 district.
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Schools Nearby
- 800mArdleigh Green Junior School
- 800mArdleigh Green Infant School
- 1.3kmBroadford Primary School
- 700mThe Royal Liberty School
- 1.3kmRedden Court School
- 1.5kmThe Campion School
More reading links
Public Transport Nearby
From 51, Farnes Drive, Romford, the nearest station is Gidea Park, 1.2 kilometres away.
- 1.2kmGidea Park
- 1.3kmHarold Wood
- 2.5kmEmerson Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
