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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, 71, Lake Rise, Romford is a early-century freehold house with 2,002 ft2 of internal area and sits on a 493 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Lake Rise, Romford is £958,220 and the estimated rental value is £4,208 per month.
Lake Rise, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
71, Lake Rise, Romford has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated March 2018.
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 71, Lake Rise, Romford is in very good condition we estimate a sale value of £1,006,131 and a rental value of £4,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £891,145 and a rental value of £3,913 per month.
Over the last 12 months the sale value of 71 Lake Rise Romford has decreased by an estimated £4,828 (0.5%) and its rental value has increased by an estimated £61 per month (1.4%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 71, Lake Rise, Romford sits on a plot of 493m2.
We have plot size data on 26 out of 27 other houses in the postcode and 71, Lake Rise, Romford sits on the 7th largest plot.
71, Lake Rise, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Mar 2018.
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, 71, Lake Rise, Romford was last sold on 16th September 2022 for £805,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has dropped 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Lake Rise, Romford within a radius of 680 metres over the last 2 years.
The most recent example is 119, Pettits Lane, Romford, RM1 4ER, a freehold house which sold for £805,000 on the 15th August 2025.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lake Rise, Romford, RM1 has a total of 113 addresses. According to our analysis of all the public data, 71, Lake Rise, Romford is the 19th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £540k more expensive than the average property in RM1.
The closest station to 71, Lake Rise, Romford is Gidea Park station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 71, Lake Rise, Romford, 48.4% of property is privately owned outright and 48.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 71, Lake Rise, Romford, 18.0% of residents are recorded as possessing school level qualifications and 33.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 71, Lake Rise, Romford, the average age was 44 and the most common age was 57.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 71, Lake Rise, Romford, 1.1% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 71, Lake Rise, Romford, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
