5 Parkway

    5, PARKWAY, ROMFORD, RM2 5NT

    This detached freehold property on Parkway last sold in October 2023 for £1,500,000. Based on price growth in the RM2 district since then, its estimated current value is £1,522,553 — placing it in the 98th percentile nationally and the 99th percentile within RM2. The property covers 211 m² (2,271 sq ft), giving an estimated value of £7,216 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,271 sq ft

    211 m²

    Last Sale Price

    £1,500,000

    Oct 2023

    Estimated Valuation

    £1,522,553

    Est. £/sq ft

    £670/sq ft

    £7,216/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area2,271 sq ft (211 m²)
    EPC dateMay 2026
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Oct 2023

    £1,500,000

    Key Metrics

    Estimated valuation£1,522,553
    Value per sq ft / m²£670/sq ft (£7,216/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile99th percentile
    National percentile98th 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

    More properties in RM2

    Streets in RM2

    Explore nearby