58, Farnes Drive
58, Farnes Drive
Description & Estimates
Public records show 58, Farnes Drive, Romford to be an early-century freehold house with 893 ft2 of internal area, sitting on a 220 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
58, Farnes Drive, Romford has an estimated sale value of £476,898 and an estimated rental value of £2,390 per month, assuming reasonable condition and based on the information available.
Farnes Drive, Romford, RM2 lies in the borough of Havering, within the RM2 postal district.
Our Data Sources
58, Farnes Drive, Romford has 21 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated November 2019.
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.
Price Range & Condition
In very good condition, we estimate 58, Farnes Drive, Romford would be worth £500,743, with a potential rental value of £2,510 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £443,515, with a rental value of £2,223 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 58, Farnes Drive, Romford has increased by £15,572 (3.3%) over the last year. During the same period, its estimated monthly rental value has grown by £105 (4.4%). The property's estimated gross yield is currently 6.0%.
Plot Size
58, Farnes Drive, Romford occupies a 220 m2 plot as recorded by HM Land Registry.
Of the 50 other houses in this postcode, 48 have recorded plot sizes, and this one ranks as the 28th largest.
Energy Efficiency
58, Farnes Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
58, Farnes Drive, Romford last changed hands on 15th January 2024, selling for £475,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 10.7% since January 2024.
- Sold Jan 2024£475,000
- Sold Jul 1997£94,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 58, Farnes Drive, Romford across the last 2 years.
Most recently, 18, Gillian Crescent, Romford, RM2 6NU, a freehold house, sold at £480,000 on the 11th September 2024.
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
Our analysis of the public data ranks 58, Farnes Drive, Romford as the 69th largest and the 69th most expensive of the 75 addresses on Farnes Drive, Romford, RM2.
Against the RM2 postcode district average, it is £76k less expensive than the typical property.
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Schools Nearby
- 900mArdleigh Green Junior School
- 900mArdleigh Green Infant School
- 1.3kmHilldene Primary School
- 600mThe Royal Liberty School
- 1.5kmRedden Court School
- 1.7kmThe Campion School
More reading links
Public Transport Nearby
Gidea Park station is the nearest stop to 58, Farnes Drive, Romford at 1.1 kilometres away.
- 1.1kmGidea Park
- 1.5kmHarold Wood
- 2.5kmEmerson Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
