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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
According to the public record, 56, Parkway, Romford is a period freehold house with 1,937 ft2 of internal area and sits on a 593 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Parkway, Romford is £1,169,592 and the estimated rental value is £3,932 per month.
Parkway, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
56, Parkway, Romford has 2 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 56, Parkway, Romford is in very good condition we estimate a sale value of £1,228,071 and a rental value of £4,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,087,720 and a rental value of £3,656 per month.
Over the last 12 months the sale value of 56 Parkway Romford has increased by an estimated £16,941 (1.4%) and its rental value has increased by an estimated £116 per month (2.9%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 56, Parkway, Romford sits on a plot of 593m2.
We have plot size data on 10 out of 10 other houses in the postcode and 56, Parkway, Romford sits on the 2nd largest plot.
56, Parkway, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 56, Parkway, Romford was last sold on 20th June 2023 for £1,350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2023, the market for similar properties has dropped 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Parkway, Romford within a radius of 820 metres over the last 2 years.
The most recent example is 46, Parkway, Romford, RM2 5PA, a freehold house which sold for £1,000,000 on the 28th February 2022.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkway, Romford, RM2 has a total of 62 addresses. According to our analysis of all the public data, 56, Parkway, Romford is the 26th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £617k more expensive than the average property in RM2.
The nearest school is Marshalls Park Academy which is 500 metres away. The nearest train station is Gidea Park which is 1.4 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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