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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, 7, Peel Way, Romford is a mid-century freehold house with 936 ft2 of internal area and sits on a 243 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 7, Peel Way, Romford is £467,958 and the estimated rental value is £2,028 per month.
Peel Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
7, Peel Way, Romford has 61 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 7, Peel Way, Romford is in very good condition we estimate a sale value of £491,355 and a rental value of £2,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,200 and a rental value of £1,886 per month.
Over the last 12 months the sale value of 7 Peel Way Romford has increased by an estimated £10,756 (2.3%) and its rental value has increased by an estimated £55 per month (2.7%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 7, Peel Way, Romford sits on a plot of 243m2.
We have plot size data on 11 out of 14 other houses in the postcode and 7, Peel Way, Romford sits on the 3rd largest plot.
7, Peel Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2016.
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, 7, Peel Way, Romford was last sold on 29th June 2023 for £450,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since June 2023, the market for similar properties has dropped 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Peel Way, Romford within a radius of 460 metres over the last 2 years.
The most recent example is 3, Briars Walk, Romford, RM3 0DH, a freehold house which sold for £402,500 on the 8th August 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peel Way, Romford, RM3 has a total of 14 addresses. According to our analysis of all the public data, 7, Peel Way, Romford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in RM3.
The nearest school is Redden Court School which is 565 metres away. The nearest train station is Harold Wood which is 200 metres away.
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