According to the public record, 3, Reed Pond Walk, Romford is a period house with 1,560 ft2 of internal area and sits on a 670 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Reed Pond Walk, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
3, Reed Pond Walk, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2014.
We combine this information with public data 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 3 Reed Pond Walk Romford as £726,444 and the rental value as £2,928 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 Reed Pond Walk Romford has decreased by £19,616 (2.7%) and its rental value has increased by £96 per month (3.3%).
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 3, Reed Pond Walk, Romford is in very good condition we estimate a sale value of £762,767 and rental value of £3,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £675,593 and a rental value of £2,723 per month.
If you were able to purchase this property for the estimated value of £726,444, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,570 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, 3, Reed Pond Walk, Romford sits on a plot of 670m2.
We have plot size data on 2 out of 6 other houses in the postcode and 3, Reed Pond Walk, Romford sits on the largest plot.
According to HM Land Registry, 3, Reed Pond Walk, Romford was last sold on 11 Apr 2003 for £625,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Reed Pond Walk, Romford within a radius of 840 metres over the last 2 years.
The most recent example is 7, Reed Pond Walk, Romford, RM2 5PJ, a Freehold house which sold for £720,000 in May 2024.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Pond Walk, Romford, RM2 has a total of 39 addresses. According to our analysis of all the public data, 3, Reed Pond Walk, Romford is the 18th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £210k more expensive than the average property in RM2.
3, Reed Pond Walk, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Reed Pond Walk, Romford is Gidea Park station which is 1.5 kilometres 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 3, Reed Pond Walk, Romford, 53.7% of property is privately owned outright and 42.5% 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 3, Reed Pond Walk, Romford, 11.2% of residents are recorded as possessing school level qualifications and 36.5% 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 3, Reed Pond Walk, Romford, the average age was 42.3 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 3, Reed Pond Walk, Romford, 2.5% 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 3, Reed Pond Walk, Romford, there are an average of 1.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.