According to the public record, 80, Parkway, Romford is a modern freehold house with 2,027 ft2 of internal area and sits on a 545 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Parkway, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
80, Parkway, Romford has 2 entries in the Land Registry database, most recently in April 2013 and a single entry in the EPC database dated October 2010.
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 80 Parkway Romford as £1,038,283 and the rental value as £4,088 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 80 Parkway Romford has decreased by £31,166 (3.0%) and its rental value has increased by £123 per month (3.0%).
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 80, Parkway, Romford is in very good condition we estimate a sale value of £1,090,197 and rental value of £4,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £965,603 and a rental value of £3,802 per month.
If you were able to purchase this property for the estimated value of £1,038,283, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,103 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, 80, Parkway, Romford sits on a plot of 545m2.
We have plot size data on 12 out of 18 other houses in the postcode and 80, Parkway, Romford sits on the 8th largest plot.
According to HM Land Registry, 80, Parkway, Romford was last sold on 10 Apr 2013 for £780,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2013, the market for similar properties has risen 61.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 80, Parkway, Romford within a radius of 840 metres over the last 2 years.
The most recent example is 13, Risebridge Road, Romford, RM2 5PR, a Freehold house which sold for £900,000 in May 2024.
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, 80, Parkway, Romford is the 12th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £522k more expensive than the average property in RM2.
80, Parkway, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Oct 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 80, 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 80, 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 80, 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 80, 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 80, 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 80, 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.