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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, 59, Colne Drive, Romford is a early-century freehold house with 775 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 59, Colne Drive, Romford is £388,063 and the estimated rental value is £2,059 per month.
Colne Drive, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
59, Colne Drive, Romford has 2 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 59, Colne Drive, Romford is in very good condition we estimate a sale value of £407,466 and a rental value of £2,162 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,899 and a rental value of £1,915 per month.
Over the last 12 months the sale value of 59 Colne Drive Romford has increased by an estimated £8,919 (2.3%) and its rental value has increased by an estimated £56 per month (2.7%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 59, Colne Drive, Romford sits on a plot of 209m2.
We have plot size data on 21 out of 35 other houses in the postcode and 59, Colne Drive, Romford sits on the 6th largest plot.
59, Colne Drive, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Sep 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, 59, Colne Drive, Romford was last sold on 19th February 2024 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2024, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Colne Drive, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 53, St. Neots Road, Romford, RM3 9LT, a freehold house which sold for £340,000 on the 20th February 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colne Drive, Romford, RM3 has a total of 114 addresses. According to our analysis of all the public data, 59, Colne Drive, Romford is the 84th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £356 less expensive than the average property in RM3.
The nearest school is Mead Primary School which is 193 metres away. The nearest train station is Harold Wood which is 1.3 kilometres away.
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