According to the public record, 5, Don Way, Romford is a period freehold house with 1,194 ft2 of internal area and sits on a 365 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Don Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
5, Don Way, Romford has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated May 2013.
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 5 Don Way Romford as £495,225 and the rental value as £2,468 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Don Way Romford has decreased by £11,278 (2.3%) and its rental value has increased by £110 per month (4.4%).
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 5, Don Way, Romford is in very good condition we estimate a sale value of £519,986 and rental value of £2,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,559 and a rental value of £2,296 per month.
If you were able to purchase this property for the estimated value of £495,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,434 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, 5, Don Way, Romford sits on a plot of 365m2.
We have plot size data on 6 out of 12 other houses in the postcode and 5, Don Way, Romford sits on the largest plot.
According to HM Land Registry, 5, Don Way, Romford was last sold on 30 Aug 2013 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 70.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Don Way, Romford within a radius of 640 metres over the last 2 years.
The most recent example is 35, Garry Way, Romford, RM1 4YU, a Freehold house which sold for £440,000 in Jan 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Don Way, Romford, RM1 has a total of 12 addresses. According to our analysis of all the public data, 5, Don Way, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in RM1.
5, Don Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2013.
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 5, Don Way, Romford is Gidea Park station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Don Way, Romford, 48.9% of property is privately owned outright and 38.7% 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 5, Don Way, Romford, 20.7% of residents are recorded as possessing school level qualifications and 32.8% 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 5, Don Way, 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 5, Don Way, Romford, 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 5, Don Way, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.