According to the public record, 35, Parkway, Romford is a mid-century house with 1,033 ft2 of internal area and sits on a 511 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parkway, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
35, Parkway, Romford has no records in the Land Registry database and a single entry in the EPC database dated April 2019.
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 35 Parkway Romford as £688,081 and the rental value as £2,798 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 35 Parkway Romford has decreased by £2,754 (0.4%) and its rental value has increased by £162 per month (5.8%).
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 35, Parkway, Romford is in very good condition we estimate a sale value of £722,485 and rental value of £2,937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £639,915 and a rental value of £2,602 per month.
If you were able to purchase this property for the estimated value of £688,081, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,382 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, 35, Parkway, Romford sits on a plot of 511m2.
We have plot size data on 12 out of 18 other houses in the postcode and 35, Parkway, Romford sits on the 11th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Parkway, Romford within a radius of 810 metres over the last 2 years.
The most recent example is 9, Netherpark Drive, Romford, RM2 5RJ, a Freehold house which sold for £685,000 in Jul 2023.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkway, Romford, RM2 has a total of 62 addresses. According to our analysis of all the public data, 35, Parkway, Romford is the 59th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £172k more expensive than the average property in RM2.
35, Parkway, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Apr 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 35, Parkway, Romford is Gidea Park station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 35, Parkway, Romford, 55.2% of property is privately owned outright and 40.3% 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 35, Parkway, Romford, 16.4% of residents are recorded as possessing school level qualifications and 27.6% 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 35, Parkway, Romford, the average age was 44 and the most common age was 57.
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 35, Parkway, Romford, 1.1% 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 35, Parkway, Romford, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.