8, Hillrise Road
8, Hillrise Road
Description & Estimates
8, Hillrise Road, Romford is recorded publicly as a mid-century leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, Hillrise Road, Romford is £203,241 and its rental estimate is £1,475 per month, given the available information and assuming reasonable condition.
Hillrise Road, Romford, RM5 falls within the RM5 postal district, in the borough of Havering.
Our Data Sources
8, Hillrise Road, Romford has 31 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated January 2024.
We combine this information with that 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, Hillrise Road, Romford, we estimate a market value of £213,403 and a rental value of £1,548 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,014 and £1,371 per month respectively.
Recent Market Change
Over the last year, 8, Hillrise Road, Romford has seen its estimated sale value grow by £953 (0.5%) and its estimated rental value climb by £40 per month (2.7%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
8, Hillrise Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Hillrise Road, Romford completed on 8th March 2024 at £175,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 7.6% over the period since March 2024.
- Sold Mar 2024£175,000
- Sold Sep 2006£114,995
- Sold Mar 2004£88,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Hillrise Road, Romford have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2024, was 138, Highfield Road, Romford, RM5 3AG, a leasehold flat which sold for £227,500.
Read more about house prices in RM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 331 addresses on Hillrise Road, Romford, RM5, 8, Hillrise Road, Romford comes out as the 282nd largest and the 251st most expensive in our analysis of the public data.
It is also £215k less expensive than the average property across the RM5 district.
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Schools Nearby
- 500mClockhouse Primary School
- 800mOasis Academy Pinewood
- 1.2kmRise Park Junior School
- 800mBower Park Academy
- 2.0kmMarshalls Park Academy
- 3.6kmThe Royal Liberty School
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Public Transport Nearby
From 8, Hillrise Road, Romford, the nearest station is Romford, 3.5 kilometres away.
- 3.5kmRomford
- 3.6kmGidea Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
