74 Parkway

    74, PARKWAY, ROMFORD, RM2 5PL

    This detached freehold property on Parkway last sold in March 2011 for £575,000. Based on price growth in the RM2 district since then, its estimated current value is £973,332 — placing it in the 95th percentile nationally and the 93rd percentile within RM2. The property covers 185 m² (1,991 sq ft), giving an estimated value of £5,261 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,991 sq ft

    185 m²

    Last Sale Price

    £575,000

    Mar 2011

    Estimated Valuation

    £973,332

    Est. £/sq ft

    £489/sq ft

    £5,261/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,991 sq ft (185 m²)
    EPC dateSept 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2011

    £575,000

    Key Metrics

    Estimated valuation£973,332
    Value per sq ft / m²£489/sq ft (£5,261/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile93rd percentile
    National percentile95th 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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