Penzance Gardens, Romford, RM3 is a residential street which is the 312th longest street in the RM3 area.
It contains 39 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £366,754. Sales values have decreased in the last 12 months by 1.0% and Rental values have increased by 4.9%.
Property sale values range from £218,577 for a freehold house, with 2 bedrooms split across 355 square feet of gross internal area and has a garden to £476,571 for a freehold house, with 4 bedrooms split across 1,582 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Penzance Gardens, Romford, RM3 is £406/ft2.
Properties achieve a rental yield of between 5.8% and 6.4%, and rental values range from £1,148 to £2,285 per month.
The last sale was 10 Aug 2022 for £396,000 and since then the market in the area as increased by -4%. The street has had a total of 4 sales since 1995.
Penzance Gardens, Romford, RM3 has seen 2 sales in the last three years and no sales in the last twelve months.
Penzance Gardens, Romford, RM3 is the 312th largest and the 217th most expensive street in the RM3 area.
There is 1 postcode on Penzance Gardens, Romford, RM3.
Penzance Gardens, Romford, RM3 is a residential street located in RM3 containing 39 houses .
The most common property type on Penzance Gardens, Romford, RM3 is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to Penzance Gardens, Romford, RM3 is Harold Wood station which is 1.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Penzance Gardens, Romford, RM3, 33.0% of property is privately owned with a mortgage and 29.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Penzance Gardens, Romford, RM3, 24.7% of residents are recorded as possessing school level qualifications and 33.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Penzance Gardens, Romford, RM3, the average age was 35.9 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Penzance Gardens, Romford, RM3, 0.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Penzance Gardens, Romford, RM3, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.