8, Lake Rise
8, Lake Rise
Description & Estimates
8, Lake Rise, Romford is recorded publicly as an early-century freehold house across 1,270 ft2 of internal area, sitting on a 404 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Lake Rise, Romford is £876,516 and its rental estimate is £3,778 per month, given the available information and assuming reasonable condition.
Lake Rise, Romford, RM1 falls within the RM1 postal district, in the borough of Havering.
Our Data Sources
8, Lake Rise, Romford has 21 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated February 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.
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, Lake Rise, Romford, we estimate a market value of £920,342 and a rental value of £3,966 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £815,160 and £3,513 per month respectively.
Recent Market Change
Over the last year, 8, Lake Rise, Romford has seen its estimated sale value climb by £2,078 (0.2%) and its estimated rental value rise by £80 per month (2.1%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 8, Lake Rise, Romford as measuring 404 m2.
That makes it the 27th largest plot in the postcode, where all 31 other houses have recorded plot data.
Energy Efficiency
8, Lake Rise, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Feb 2016.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Lake Rise, Romford completed on 25th June 2018 at £680,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.6% over the period since June 2018.
- Sold Jun 2018£680,000
- Sold May 1996£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Lake Rise, Romford have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th April 2025, was 41, Main Road, Romford, RM1 3DL, a freehold house which sold for £860,000.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 113 addresses on Lake Rise, Romford, RM1, 8, Lake Rise, Romford comes out as the 85th largest and the 42nd most expensive in our analysis of the public data.
It is also £459k more expensive than the average property across the RM1 district.
More reading links
Schools Nearby
- 300mGidea Park Primary School
- 700mSt Edward's Church of England Voluntary Aided Primary School
- 800mSt Peter's Catholic Primary School
- 700mMarshalls Park Academy
- 1.4kmThe Royal Liberty School
- 1.5kmThe Frances Bardsley Academy for Girls
More reading links
Public Transport Nearby
From 8, Lake Rise, Romford, the nearest station is Gidea Park, 1.2 kilometres away.
- 1.2kmGidea Park
- 1.2kmRomford
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.
