5 Parkway, Romford, RM2 5NT is a freehold detached property built between 1930-1949. The property offers approximately 2,228 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 £1,562,305 , which equates to approximately £701 per square foot. It was last sold on 13 Oct 2023 for £1,500,000. Since then, the value has increased by £62,305, representing a 4.2% increase, or approximately 1.9% per year.

The current estimated value of £1,562,305 is:

  • 22.3% higher than the average property price on Parkway
  • 5.8% higher than the average in the RM2 5NT postcode area
  • and 248.2% 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 9 April 2022, the property was recorded as owner-occupied.

View sold house prices in RM2 5NT

Building approximate location

About Property

Type
Detached House
Built
1930-1949
Interior Size
2228 sq ft
Tenure
Freehold
Price (estimate)
£1,562,305
Price Per sq ft (estimate)
£701
Bedroom Count (estimate)
6 bedrooms

EPC Summary

5 Parkway, Romford, Havering, Greater London, RM2 5NT has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 9 Apr 2022.

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 have partial double glazing.

The previous EPC assessment was conducted on 12 Apr 2012, when the property was rated E. The current rating of F reflects a decline in energy efficiency of 22.9%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM2 5NT

11 th / 23
Price Rank
6% higher than average
7 th / 14
Size Rank
7% bigger than average
7 th / 14
Price Per Sq FT Rank
1% lower than average

Compared to other properties in RM2 5NT , this house's estimated value ranks 11th out of 23. Based on price per square foot, it ranks 7th out of 14 properties. In terms of size, this home ranks 7th out of 14 properties in its postcode area.

Sale History

Today
£1,562,305
streetscan.co.uk estimate
+4 %
13 Oct 2023
£1,500,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1943 sq ft
sale price: £857,500
sale date: 11 Jan 2013
rooms: 7
size: 1938 sq ft
sale price: £1,350,000
sale date: 20 Jun 2023
rooms: 9
size: 1905 sq ft
sale price: £1,100,000
sale date: 22 Oct 2021
rooms: 7
size: 1991 sq ft
sale price: £575,000
sale date: 18 Mar 2011

Data Sources

The property at 5 Parkway, Romford, Havering, Greater London, RM2 5NT appears once in the Land Registry records, with the transaction recorded on 13 Oct 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Apr 2022. 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.