3 Reed Pond Walk

    3, REED POND WALK, ROMFORD, ROMFORD, RM2 5PJ

    This detached freehold property on Reed Pond Walk last sold in April 2003 for £625,000. Based on price growth in the RM2 district since then, its estimated current value is £1,337,994 — placing it in the 98th percentile nationally and the 99th percentile within RM2. The property covers 145 m² (1,561 sq ft), giving an estimated value of £9,228 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,561 sq ft

    145 m²

    Last Sale Price

    £625,000

    Apr 2003

    Estimated Valuation

    £1,337,994

    Est. £/sq ft

    £857/sq ft

    £9,228/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,561 sq ft (145 m²)
    EPC dateOct 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Apr 2003

    £625,000

    29 Apr 2000

    £410,000

    15 Oct 1997

    £245,000

    Key Metrics

    Estimated valuation£1,337,994
    Value per sq ft / m²£857/sq ft (£9,228/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

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