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According to the public record, 8, Reed Pond Walk, Romford is a period freehold house with 2,206 ft2 of internal area and sits on a 937 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 8, Reed Pond Walk, Romford is £1,254,750 and the estimated rental value is £4,332 per month.
Reed Pond Walk, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
8, Reed Pond Walk, Romford has 21 entries in the Land Registry , most recently in April 2020 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Reed Pond Walk, Romford is in very good condition we estimate a sale value of £1,317,487 and a rental value of £4,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,166,917 and a rental value of £4,029 per month.
Over the last 12 months the sale value of 8 Reed Pond Walk Romford has increased by an estimated £5,958 (0.5%) and its rental value has increased by an estimated £69 per month (1.6%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 8, Reed Pond Walk, Romford sits on a plot of 937m2.
We have plot size data on 14 out of 14 other houses in the postcode and 8, Reed Pond Walk, Romford sits on the 2nd largest plot.
8, Reed Pond Walk, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jun 2017.
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, 8, Reed Pond Walk, Romford was last sold on 9th April 2020 for £1,090,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2020, the market for similar properties has dropped 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Reed Pond Walk, Romford within a radius of 860 metres over the last 2 years.
The most recent example is 7, Meadway, Romford, RM2 5NU, a freehold house which sold for £1,170,000 on the 31st July 2024.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Pond Walk, Romford, RM2 has a total of 39 addresses. According to our analysis of all the public data, 8, Reed Pond Walk, Romford is the 5th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £702k more expensive than the average property in RM2.
The nearest school is Marshalls Park Academy which is 600 metres away. The nearest train station is Gidea Park which is 1.3 kilometres away.
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