Mill Lane, Romford, RM6
HI

Mill Lane, Romford, RM6

By Highcastle Estates

£ 500,000

Reviews

2 out of 5 stars

Highcastle Estates says ..

* GUIDE PRICE: £500,000 - £550,000 * 4 BEDROOM SEMI-DETACHED VICTORIAN HOUSE * 3 RECEPTION AREAS * CLOSE CHADWELL HEATH STATION (Elizabeth Line) * CLOSE TO THE HIGH RD * POTENTIAL TO EXTEND & ADD VALUE

Property Oracle says ..

This property is a four-bedroom semi-detached house located in Chadwell Heath, Barking and Dagenham. The location benefits from being relatively close to Chadwell Heath train station (1.25km), providing links to central London. Several primary schools with good Ofsted ratings are also within a short distance. However, the property itself is in need of significant renovation. The images show considerable wear and tear throughout, including damaged walls, outdated fixtures and fittings, and an overgrown garden. While the property has a relatively large square footage (1,505 sqft) compared to the area average (917 sqft), the condition significantly impacts its value. The list price of £500,000 is considerably higher than the average house price in the area (£356,466) and higher than comparable properties in the immediate vicinity. While some nearby properties have sold for higher prices, their condition is unknown. Considering the extensive renovation needed, the asking price appears high.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
3
Location
7
Land
3
Bedrooms
4
Bathrooms
1
Sqft (est)
1,505.23

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
373,333.00 £
Decreased by 6.92 %
from 401,101.00 £
Est sale value
487,694.52 £
Decreased by 25.17 %
from 651,764.59 £
Average area rental value
1,875.00 £/mo
Increased by 0.64 %
from 1,863.00 £/mo
Est letting value
1,505.23 £/mo
Decreased by 50.00 %
from 3,010.46 £/mo
Est rental Yield
6.03 %
Increased by 8.26 %
from 5.57 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Highcastle Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
The Warren SchoolAcademy Sponsor LedGood0.43 KM
Furze Infant SchoolCommunity SchoolGood0.44 KM
Furze Children'S CentreChildren's Centre Linked Site0.49 KM
Warren Junior SchoolCommunity SchoolOutstanding0.54 KM
Marks Gate Children'S CentreChildren's Centre1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Willow Road £ 000.00 KM
The Chase £ 000.00 KM
Cromer Road £ 452,49800.00 KM
Dover Road £ 000.00 KM
Cavendish Gardens £ 450,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chadwell Heath6874CTH1.25 KM
Goodmayes6878GMY3.18 KM
Seven Kings6893SVK4.68 KM
Romford6886RMF5.00 KM
Dagenham Dock7440DDK5.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mill Lane, Chadwell Heath, RM6 £ 550,000BUY5 / 100.01 KM
Mill Lane, Romford, RM6 £ 425,000BUY6 / 100.01 KM
Mill Lane, Chadwell Heath, RM6 £ 475,000BUYUnknown0.01 KM
Mill Lane, Chadwell Heath, RM6 £ 475,000BUY7 / 100.02 KM
Willow Road, Chadwell Heath, RM6 £ 625,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
98 Mill Lane £ 227,5000.02 KM
73 Mill Lane £ 230,0000.02 KM
87 Mill Lane £ 140,0000.02 KM
90 Mill Lane £ 322,5000.02 KM
83 Mill Lane £ 350,0000.02 KM