3 Prestwood Drive

    3, PRESTWOOD DRIVE, ROMFORD, RM5 2SS

    This semi-detached freehold property on Prestwood Drive last sold in December 2021 for £350,000. Based on price growth in the RM5 district since then, its estimated current value is £394,533 — placing it in the 66th percentile nationally and the 28th percentile within RM5. The property covers 143 m² (1,539 sq ft), giving an estimated value of £2,759 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,539 sq ft

    143 m²

    Last Sale Price

    £350,000

    Dec 2021

    Estimated Valuation

    £394,533

    Est. £/sq ft

    £256/sq ft

    £2,759/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area1,539 sq ft (143 m²)
    EPC dateApr 2024
    WallsCavity wall, with external insulation
    HeatingRoom heaters, electric

    Transaction History

    17 Dec 2021

    £350,000

    Key Metrics

    Estimated valuation£394,533
    Value per sq ft / m²£256/sq ft (£2,759/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile28th percentile
    National percentile66th percentile

    District Context — RM5

    RM5 covers areas in east London, forming part of the wider RM postcode region. It is predominantly suburban with a strong owner-occupier focus and a notably young family demographic.

    Average Property Price - RM5

    £441,866

    73

    National percentile

    Average Net Household Income - RM5

    £47,974

    84

    National percentile

    10-Year Annualised Price Growth - RM5

    4.3%

    75

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM5

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