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Oakwood Close

Oakwood Close

Last update: Sep 2024

Street Overview

of Oakwood Close

Oakwood Close, Romford, RM3 is a residential street which is the 198th longest street in the RM3 area.

It contains 18 flats and the most common type of property is a modern flat built after 1980.

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Average property prices

in Oakwood Close, Romford, RM3

The average house value is £248,692. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 5.0%.

Property sale values range from £192,042 for a leasehold flat, with 1 bedrooms split across 495 square feet of gross internal area and has no outside space to £300,693 for a leasehold flat, with 3 bedrooms split across 797 square feet of gross internal area and has no outside space.

Average £/ft2 for properties in Oakwood Close, Romford, RM3 is £399/ft2.

Properties achieve a rental yield of between 6.4% and 7.4%, and rental values range from £1,119 to £1,628 per month.

Sale value change
12 months
0.9%
Rental value change
12 months
5.0%
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Recent sales

within Oakwood Close, Romford, RM3

The last sale was 24 Mar 2023 for £270,000 and since then the market in the area as increased by -0.9%. The street has had a total of 4 sales since 1995.

Oakwood Close, Romford, RM3 has seen 2 sales in the last three years and no sales in the last twelve months.

£270,000
Mar-2023
Sold
£250,000
Mar-2022
Sold
£134,000
Dec-2008
Sold
£166,808
Dec-2008
Sold
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Nearby Streets

to Oakwood Close, Romford, RM3

Oakwood Close, Romford, RM3 is the 198th largest and the 52nd most expensive street in the RM3 area.

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Postcodes

on Oakwood Close, Romford, RM3

There are 2 postcodes on Oakwood Close, Romford, RM3.

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Property types

in Oakwood Close, Romford, RM3

Oakwood Close, Romford, RM3 is a residential street located in RM3 containing 18 flats.

The most common property type on Oakwood Close, Romford, RM3 is a modern flat built after 1980.

modern flat (18)
Energy Efficiency

Energy Efficiency

of properties within Oakwood Close, Romford, RM3

The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.

A (0)
E (0)
B (11)
F (0)
C (6)
G (0)
D (0)
No EPC (1)
Schools nearby

Schools nearby

to Oakwood Close, Romford, RM3

The nearest primary school to Oakwood Close, Romford, RM3 is Broadford Primary School which is 400 m away and is rated Good by Ofsted.
400 m
Broadford Primary School
Good
400 m
Drapers' Brookside Junior School
Good
500 m
Drapers' Brookside Infant School
Good
The nearest secondary school is Drapers' Academy which is 1.2 km away and is rated Good by Ofsted.
1.2 km
Drapers' Academy
Good
2.1 km
Redden Court School
Outstanding
2.4 km
The Royal Liberty School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to Oakwood Close, Romford, RM3

The closest station to Oakwood Close, Romford, RM3 is Harold Wood station which is 1.4 km away.

1.5 km
Harold Wood
2.9 km
Gidea Park
4.0 km
Emerson Park


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