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According to the public record, 6, Scholars Way, Romford is a modern freehold house with 850 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 6, Scholars Way, Romford is £508,272 and the estimated rental value is £2,283 per month.
Scholars Way, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
6, Scholars Way, Romford has 21 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated April 2017.
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.
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 6, Scholars Way, Romford is in very good condition we estimate a sale value of £533,686 and a rental value of £2,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £472,693 and a rental value of £2,123 per month.
Over the last 12 months the sale value of 6 Scholars Way Romford has increased by an estimated £16,597 (3.3%) and its rental value has increased by an estimated £100 per month (4.4%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 6, Scholars Way, Romford sits on a plot of 209m2.
We have plot size data on 8 out of 8 other houses in the postcode and 6, Scholars Way, Romford sits on the 5th largest plot.
6, Scholars Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 6, Scholars Way, Romford was last sold on 18th August 2017 for £430,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2017, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Scholars Way, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 13, Academy Fields Road, Romford, RM2 5UN, a freehold house which sold for £505,000 on the 29th September 2023.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scholars Way, Romford, RM2 has a total of 33 addresses. According to our analysis of all the public data, 6, Scholars Way, Romford is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in RM2.
The nearest school is The Frances Bardsley Academy for Girls which is 300 metres away. The nearest train station is Gidea Park which is 700 metres away.
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