According to the public record, 1, Cornflower Way, Romford is a modern freehold house with 398 ft2 of internal area and sits on a 80.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Cornflower Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
1, Cornflower Way, Romford has 31 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Cornflower Way Romford as £280,983 and the rental value as £1,268 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Cornflower Way Romford has decreased by £1,002 (0.4%) and its rental value has increased by £71 per month (5.6%).
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 1, Cornflower Way, Romford is in very good condition we estimate a sale value of £295,032 and rental value of £1,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,314 and a rental value of £1,179 per month.
If you were able to purchase this property for the estimated value of £280,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,381 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Cornflower Way, Romford sits on a plot of 81m2.
We have plot size data on 11 out of 21 other houses in the postcode and 1, Cornflower Way, Romford sits on the 8th largest plot.
According to HM Land Registry, 1, Cornflower Way, Romford was last sold on 14 Oct 2022 for £275,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cornflower Way, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 19, Columbine Way, Romford, RM3 0XN, a Freehold house which sold for £273,000 in Jun 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornflower Way, Romford, RM3 has a total of 37 addresses. According to our analysis of all the public data, 1, Cornflower Way, Romford is the 30th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in RM3.
1, Cornflower Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1, Cornflower Way, Romford is Harold Wood station which is 700 metres 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 1, Cornflower Way, Romford, 50.4% of property is privately owned outright and 35.4% 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 1, Cornflower Way, Romford, 12.2% of residents are recorded as possessing school level qualifications and 37.0% 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 1, Cornflower Way, Romford, 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 1, Cornflower Way, Romford, 1.3% 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 1, Cornflower Way, Romford, 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.