3 Springwood Way

    3, SPRINGWOOD WAY, ROMFORD, ROMFORD, RM1 2BD

    This terraced freehold property on Springwood Way last sold in August 1995 for £54,000. Based on price growth in the RM1 district since then, its estimated current value is £404,353 — placing it in the 68th percentile nationally and the 44th percentile within RM1. The property covers 40 m² (431 sq ft), giving an estimated value of £10,109 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £54,000

    Aug 1995

    Estimated Valuation

    £404,353

    Est. £/sq ft

    £939/sq ft

    £10,109/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area431 sq ft (40 m²)
    EPC dateApr 2018
    WallsAverage thermal transmittance 0.24 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Aug 1995

    £54,000

    Key Metrics

    Estimated valuation£404,353
    Value per sq ft / m²£939/sq ft (£10,109/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile44th percentile
    National percentile68th percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

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