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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 24C, Lucerne Way, Romford is a modern house with 1,689 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24C, Lucerne Way, Romford is £481,297 and the estimated rental value is £2,414 per month.
Lucerne Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
24C, Lucerne Way, Romford has no records in the the Land Registry and a single entry in the EPC database dated October 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 24C, Lucerne Way, Romford is in very good condition we estimate a sale value of £505,362 and a rental value of £2,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,606 and a rental value of £2,245 per month.
Over the last 12 months the sale value of 24C Lucerne Way Romford has increased by an estimated £3,382 (0.7%) and its rental value has increased by an estimated £59 per month (2.5%), giving an expected gross yield of 6%.
24C, Lucerne Way, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24C, Lucerne Way, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 60, Myrtle Road, Romford, RM3 8XS, a freehold house which sold for £330,000 on the 29th April 2022.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lucerne Way, Romford, RM3 has a total of 66 addresses. According to our analysis of all the public data, 24C, Lucerne Way, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in RM3.
The nearest school is Broadford Primary School which is 300 metres away. The nearest train station is Harold Wood which is 1.5 kilometres away.
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