9, Lake Rise
9, Lake Rise
Description & Estimates
The public record lists 9, Lake Rise, Romford as a freehold house sitting on a 552 m2 plot.
Comparison with its neighbours suggests an early-century house with 1,405 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
9, Lake Rise, Romford has an estimated sale value of £713,312 and an estimated rental value of £3,049 per month, assuming reasonable condition and based on the information available.
Lake Rise, Romford, RM1 lies in the borough of Havering, within the RM1 postal district.
Our Data Sources
9, Lake Rise, Romford has 21 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 9, Lake Rise, Romford would be worth £748,978, with a potential rental value of £3,202 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £663,380, with a rental value of £2,836 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 9, Lake Rise, Romford has grown by £1,691 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £64 (2.1%). The property's estimated gross yield is currently 5.1%.
Plot Size
9, Lake Rise, Romford occupies a 552 m2 plot as recorded by HM Land Registry.
All 27 other houses in this postcode have recorded plot sizes, and this one ranks as the 18th largest.
Sold Prices
9, Lake Rise, Romford last changed hands on 7th December 2007, selling for £427,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 39.5% since December 2007.
- Sold Dec 2007£427,500
- Sold Aug 2004£359,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 9, Lake Rise, Romford across the last 2 years.
Most recently, 8, Rosemary Avenue, Romford, RM1 4HB, a freehold house, sold at £600,000 on the 14th June 2024.
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
Our analysis of the public data ranks 9, Lake Rise, Romford as the 59th largest and the 72nd most expensive of the 113 addresses on Lake Rise, Romford, RM1.
Against the RM1 postcode district average, it is £295k more expensive than the typical property.
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Schools Nearby
- 400mGidea Park Primary School
- 700mSt Edward's Church of England Voluntary Aided Primary School
- 700mSt Peter's Catholic Primary School
- 600mMarshalls Park Academy
- 1.4kmThe Royal Liberty School
- 1.5kmThe Frances Bardsley Academy for Girls
More reading links
Public Transport Nearby
Gidea Park station is the nearest stop to 9, Lake Rise, Romford at 1.2 kilometres away.
- 1.2kmGidea Park
- 1.3kmRomford
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
