2A, Lake Rise
2A, Lake Rise
Description & Estimates
According to the public record, 2A, Lake Rise, Romford is a modern house with 2,475 ft2 of internal area and sits on a 472 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 2A, Lake Rise, Romford is £1,339,878 and the estimated rental value is £5,883 per month.
Lake Rise, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Our Data Sources
2A, Lake Rise, Romford has no records in the the Land Registry and a single entry in the EPC database dated April 2017.
We combine this information with public data 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
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 2A, Lake Rise, Romford is in very good condition we estimate a sale value of £1,406,872 and a rental value of £6,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,246,086 and a rental value of £5,472 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2A, Lake Rise, Romford has decreased by £6,751 (0.5%), while its estimated rental value has grown by £85 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Plot Size
According to data from HM Land Registry, 2A, Lake Rise, Romford sits on a plot of 472 m2.
We have plot size data on 31 out of 31 other houses in the postcode and 2A, Lake Rise, Romford sits on the 26th largest plot.
Energy Efficiency
2A, Lake Rise, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Lake Rise, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 3, Gidea Avenue, Romford, RM2 5NL, a freehold house which sold for £1,400,000 on the 24th May 2022.
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
Lake Rise, Romford, RM1 has a total of 113 addresses. According to our analysis of all the public data, 2A, Lake Rise, Romford is the 12th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £922k more expensive than the average property in RM1.
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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
The closest station to 2A, Lake Rise, Romford is Gidea Park station, which is 1.2 kilometres away.
- 1.2kmGidea Park
- 1.2kmRomford
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
