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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 67, Preston Road, Romford is £188,591 and the estimated rental value is £1,184 per month.
Preston Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
67, Preston Road, Romford has no records in the the Land Registry and a single entry in the EPC database dated January 2013.
We combine this information with public data 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 67, Preston Road, Romford is in very good condition we estimate a sale value of £198,021 and a rental value of £1,244 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,390 and a rental value of £1,102 per month.
Over the last 12 months the sale value of 67 Preston Road Romford has increased by an estimated £4,519 (2.4%) and its rental value has increased by an estimated £49 per month (4.1%), giving an expected gross yield of 7.5%.
67, Preston Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 67, Preston Road, Romford within a radius of 620 metres over the last 2 years.
The most recent example is 29, Preston Road, Romford, RM3 7YU, a leasehold flat which sold for £199,000 on the 11th May 2021.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, Romford, RM3 has a total of 66 addresses. According to our analysis of all the public data, 67, Preston Road, Romford is the 64th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in RM3.
The nearest school is Drapers' Brookside Infant School which is 600 metres away. The nearest train station is Harold Wood which is 2.5 kilometres away.
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