1A, Broadway
1A, Broadway
Description & Estimates
The public record lists 1A, Broadway, Romford as a freehold house sitting on a 1,296 m2 plot.
Comparison with its neighbours suggests an early-century house with 2,196 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
1A, Broadway, Romford has an estimated sale value of £1,346,310 and an estimated rental value of £4,648 per month, assuming reasonable condition and based on the information available.
Broadway, Romford, RM2 lies in the borough of Havering, within the RM2 postal district.
Our Data Sources
1A, Broadway, Romford has 21 entries in the Land Registry , most recently in July 2023 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1A, Broadway, Romford would be worth £1,413,625, with a potential rental value of £4,881 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,252,068, with a rental value of £4,323 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 1A, Broadway, Romford has moved up by £6,393 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £74 (1.6%). The property's estimated gross yield is currently 4.1%.
Plot Size
1A, Broadway, Romford occupies a 1,296 m2 plot as recorded by HM Land Registry.
All 15 other houses in this postcode have recorded plot sizes, and this one ranks as the 10th largest.
Sold Prices
1A, Broadway, Romford last changed hands on 7th July 2023, selling for £950,000. 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 dropped by 24.9% since July 2023.
- Sold Jul 2023£950,000
- Sold Apr 1999£335,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 780 metres of 1A, Broadway, Romford across the last 2 years.
Most recently, 5, Parkway, Romford, RM2 5NT, a freehold house, sold at £1,500,000 on the 13th October 2023.
Read more about house prices in RM2.
•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 1A, Broadway, Romford as the 14th largest and the 14th most expensive of the 15 addresses on Broadway, Romford, RM2.
Against the RM2 postcode district average, it is £793k more expensive than the typical property.
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Schools Nearby
- 600mGidea Park Primary School
- 1.2kmSt Edward's Church of England Voluntary Aided Primary School
- 1.3kmSt Peter's Catholic Primary School
- 800mMarshalls Park Academy
- 1.1kmThe Royal Liberty School
- 1.8kmThe Frances Bardsley Academy for Girls
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Public Transport Nearby
Gidea Park station is the nearest stop to 1A, Broadway, Romford at 1.0 kilometres away.
- 1.0kmGidea Park
- 1.8kmRomford
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.
