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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, 64, Penrith Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,251 ft2 of internal area and sits on a 248 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 64, Penrith Road, Romford is £473,698 and the estimated rental value is £2,324 per month.
Penrith Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
64, Penrith Road, Romford has 2 entries in the Land Registry , most recently in August 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 64, Penrith Road, Romford is in very good condition we estimate a sale value of £497,383 and a rental value of £2,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,539 and a rental value of £2,161 per month.
Over the last 12 months the sale value of 64 Penrith Road Romford has increased by an estimated £3,328 (0.7%) and its rental value has increased by an estimated £57 per month (2.5%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 64, Penrith Road, Romford sits on a plot of 248m2.
We have plot size data on 29 out of 36 other houses in the postcode and 64, Penrith Road, Romford sits on the 6th largest plot.
According to HM Land Registry, 64, Penrith Road, Romford was last sold on 24th August 2021 for £435,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2021, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 64, Penrith Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 21, Retford Path, Romford, RM3 9NL, a freehold house which sold for £385,000 on the 24th February 2023.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penrith Road, Romford, RM3 has a total of 89 addresses. According to our analysis of all the public data, 64, Penrith Road, Romford is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in RM3.
The nearest school is Harold Court Primary School which is 500 metres away. The nearest train station is Harold Wood which is 1.2 kilometres away.
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