54, Farnham Road
54, Farnham Road
Description & Estimates
54, Farnham Road, Romford is recorded publicly as a mid-century leasehold apartment across 936 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 54, Farnham Road, Romford is £225,215 and its rental estimate is £1,388 per month, given the available information and assuming reasonable condition.
Farnham Road, Romford, RM3 falls within the RM3 postal district, in the borough of Havering.
Our Data Sources
54, Farnham Road, Romford has a single entry in the Land Registry from November 2012 and a single entry in the EPC database dated November 2018.
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.
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 54, Farnham Road, Romford, we estimate a market value of £236,476 and a rental value of £1,458 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,450 and £1,291 per month respectively.
Recent Market Change
Over the last year, 54, Farnham Road, Romford has seen its estimated sale value climb by £725 (0.3%) and its estimated rental value rise by £19 per month (1.4%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
54, Farnham Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Nov 2018.
The property is 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 54, Farnham Road, Romford completed on 30th November 2012 at £108,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 139.1% over the period since November 2012.
- Sold Nov 2012£108,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Farnham Road, Romford have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd January 2024, was 89, Farnham Road, Romford, RM3 8ED, a leasehold flat which sold for £257,500.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 66 addresses on Farnham Road, Romford, RM3, 54, Farnham Road, Romford comes out as the 11th largest and the 12th most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the RM3 district.
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Schools Nearby
- 500mDrapers' Brookside Junior School
- 500mDrapers' Brookside Infant School
- 600mBroadford Primary School
- 1.5kmDrapers' Academy
- 2.4kmThe Royal Liberty School
- 2.4kmRedden Court School
More reading links
Public Transport Nearby
From 54, Farnham Road, Romford, the nearest station is Harold Wood, 1.8 kilometres away.
- 1.8kmHarold Wood
- 2.9kmGidea Park
- 4.1kmEmerson Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
