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 The images show considerable wear and tear throughout, including damaged walls, outdated fixtures and fittings, and an overgrown garden.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 %
- Est sale value
- 487,694.52 £Decreased by 25.17 %
- Average area rental value
- 1,875.00 £/moIncreased by 0.64 %
- Est letting value
- 1,505.23 £/moDecreased by 50.00 %
- Est rental Yield
- 6.03 %Increased by 8.26 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Highcastle Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Warren School | Academy Sponsor Led | Good | 0.43 KM |
| Furze Infant School | Community School | Good | 0.44 KM |
| Furze Children'S Centre | Children's Centre Linked Site | 0.49 KM | |
| Warren Junior School | Community School | Outstanding | 0.54 KM |
| Marks Gate Children'S Centre | Children's Centre | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Willow Road | £ 0 | 0 | 0.00 KM |
| The Chase | £ 0 | 0 | 0.00 KM |
| Cromer Road | £ 452,498 | 0 | 0.00 KM |
| Dover Road | £ 0 | 0 | 0.00 KM |
| Cavendish Gardens | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chadwell Heath | 6874 | CTH | 1.25 KM |
| Goodmayes | 6878 | GMY | 3.18 KM |
| Seven Kings | 6893 | SVK | 4.68 KM |
| Romford | 6886 | RMF | 5.00 KM |
| Dagenham Dock | 7440 | DDK | 5.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mill Lane, Chadwell Heath, RM6 | £ 550,000 | BUY | 5 / 10 | 0.01 KM |
| Mill Lane, Romford, RM6 | £ 425,000 | BUY | 6 / 10 | 0.01 KM |
| Mill Lane, Chadwell Heath, RM6 | £ 475,000 | BUY | Unknown | 0.01 KM |
| Mill Lane, Chadwell Heath, RM6 | £ 475,000 | BUY | 7 / 10 | 0.02 KM |
| Willow Road, Chadwell Heath, RM6 | £ 625,000 | BUY | 7 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 98 Mill Lane | £ 227,500 | 0.02 KM |
| 73 Mill Lane | £ 230,000 | 0.02 KM |
| 87 Mill Lane | £ 140,000 | 0.02 KM |
| 90 Mill Lane | £ 322,500 | 0.02 KM |
| 83 Mill Lane | £ 350,000 | 0.02 KM |