2 Parkway, Romford, RM2 5NT is a freehold detached property built between 1950-1966. The property offers approximately 4,155 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £1,904,620 , which equates to approximately £458 per square foot. It was last sold on 11 Dec 2017 for £1,587,500. Since then, the value has increased by £317,120, representing a 20.0% increase, or approximately 2.5% per year.

The current estimated value of £1,904,620 is:

  • 49.1% higher than the average property price on Parkway
  • 29.0% higher than the average in the RM2 5NT postcode area
  • and 324.5% higher than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 March 2017, the property was recorded as owner-occupied.

View sold house prices in RM2 5NT

Building approximate location

About Property

Type
Detached House
Built
1950-1966
Interior Size
4155 sq ft
Tenure
Freehold
Price (estimate)
£1,904,620
Price Per sq ft (estimate)
£458
Bedroom Count (estimate)
6 bedrooms

EPC Summary

2 Parkway, Romford, Havering, Greater London Authority, RM2 5NT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Mar 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Apr 2011, and the property received the same rating of C with an unchanged energy efficiency score of 73.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in 92% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to RM2 5NT

2 nd / 23
Price Rank
29% higher than average
2 nd / 14
Size Rank
99% bigger than average
13 th / 14
Price Per Sq FT Rank
35% lower than average

Compared to other properties in RM2 5NT , this house's estimated value ranks 2nd out of 23. Based on price per square foot, it ranks 13th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 14 properties in its postcode area.

Sale History

Today
£1,904,620
streetscan.co.uk estimate
+20 %
11 Dec 2017
£1,587,500
Leasehold
+30.1 %
3 Feb 2012
£1,220,000
Leasehold
+39.4 %
21 Oct 2005
£875,000
Leasehold

Area Insights

Nearby Properties

rooms: 13
size: 5813 sq ft
sale price: £1,500,000
sale date: 12 May 2014
rooms: 8
size: 2228 sq ft
sale price: £1,500,000
sale date: 13 Oct 2023
rooms: 3
size: 958 sq ft
sale price: £760,000
sale date: 5 Jan 2017
rooms: 9
size: 2766 sq ft
sale price: £300,000
sale date: 11 Dec 1996
rooms: 5
size: 1206 sq ft
sale price: £810,000
sale date: 11 Aug 2022

Data Sources

The property at 2 Parkway, Romford, RM2 5NT appears three times in the Land Registry records, with the latest transaction recorded on 11 Dec 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Mar 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.