3 Parkway

    3, PARKWAY, ROMFORD, RM2 5NT

    This detached freehold property on Parkway last sold in May 2014 for £1,500,000. Based on price growth in the RM2 district since then, its estimated current value is £2,151,378 — placing it in the 99th percentile nationally and the 100th percentile within RM2. The property covers 582 m² (6,265 sq ft), giving an estimated value of £3,697 per m². The EPC rating is D, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    6,265 sq ft

    582 m²

    Last Sale Price

    £1,500,000

    May 2014

    Estimated Valuation

    £2,151,378

    Est. £/sq ft

    £343/sq ft

    £3,697/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms13
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area6,265 sq ft (582 m²)
    EPC dateOct 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas, Boiler and radiators, mains gas

    Transaction History

    12 May 2014

    £1,500,000

    Key Metrics

    Estimated valuation£2,151,378
    Value per sq ft / m²£343/sq ft (£3,697/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile100th percentile
    National percentile99th percentile

    District Context — RM2

    RM2 covers parts of east London, including areas around Hornchurch and Upminster in the London Borough of Havering. The district is characterised by suburban residential neighbourhoods with good transport links and a family-oriented appeal.

    Average Property Price - RM2

    £554,481

    86

    National percentile

    Average Net Household Income - RM2

    £52,919

    93

    National percentile

    10-Year Annualised Price Growth - RM2

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM2

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