Scotspine Lane, Romford, RM3 is a residential street which is the 193rd longest street in the RM3 area.
It contains 17 houses and the most common type of property is a modern house built after 1980.
The average house value is £331,403. Sales values have decreased in the last 12 months by 2.0% and Rental values have increased by 3.9%.
Property sale values range from £321,823 for a leasehold house, with 3 bedrooms split across 840 square feet of gross internal area and has a garden to £352,611 for a freehold house, with 3 bedrooms split across 1,023 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Scotspine Lane, Romford, RM3 is £371/ft2.
Properties achieve a rental yield of between 6.2% and 6.4%, and rental values range from £1,711 to £1,825 per month.
The last sale was 15 Mar 2024 for £380,000 and since then the market in the area as increased by -0.2%. The street has had a total of 4 sales since 1995.
Scotspine Lane, Romford, RM3 has seen 4 sales in the last three years and 1 sale in the last twelve months.
Scotspine Lane, Romford, RM3 is the 193rd largest and the 125th most expensive street in the RM3 area.
There is 1 postcode on Scotspine Lane, Romford, RM3.
Scotspine Lane, Romford, RM3 is a residential street located in RM3 containing 17 houses .
The most common property type on Scotspine Lane, Romford, RM3 is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to Scotspine Lane, Romford, RM3 is Harold Wood station which is 500 m 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 Scotspine Lane, Romford, RM3, 37.4% of property is privately owned outright and 35.7% is privately owned with a mortgage.
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 Scotspine Lane, Romford, RM3, 13.1% of residents are recorded as possessing school level qualifications and 31.0% 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 Scotspine Lane, Romford, RM3, the average age was 40.7 and the most common age was 32.
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 Scotspine Lane, Romford, RM3, 0.0% 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 Scotspine Lane, Romford, RM3, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.