2 Homeway

    2, HOMEWAY, ROMFORD, RM3 0HD

    This detached freehold property on Homeway last sold in October 2022 for £450,000. Based on price growth in the RM3 district since then, its estimated current value is £444,875 — placing it in the 73rd percentile nationally and the 65th percentile within RM3. The property covers 70 m² (753 sq ft), giving an estimated value of £6,355 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £450,000

    Oct 2022

    Estimated Valuation

    £444,875

    Est. £/sq ft

    £590/sq ft

    £6,355/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateJul 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Oct 2022

    £450,000

    Key Metrics

    Estimated valuation£444,875
    Value per sq ft / m²£590/sq ft (£6,355/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile65th percentile
    National percentile73rd percentile

    District Context — RM3

    RM3 covers Hornchurch and Upminster in east London, sitting within the outer eastern suburbs of the capital. The area is predominantly residential and family-oriented, with a mix of suburban character and good transport links.

    Average Property Price - RM3

    £406,768

    68

    National percentile

    Average Net Household Income - RM3

    £44,379

    74

    National percentile

    10-Year Annualised Price Growth - RM3

    3.7%

    53

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM3

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