AIAI Property Valuation for RM1 — ROMFORD
AI Estimate
£423,942
Range: £390,027 – £457,857 (±8%)
1,054 sales (12mo)
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🏠
Detached
£682,942
69 sold (12mo)
🏘️
Semi-Detached
£537,256
336 sold (12mo)
🏡
Terraced
£457,743
191 sold (12mo)
🏢
Flat
£238,905
399 sold (12mo)
Price History — RM1
Price Forecast
Current
£423,942
1-Year
£488,497
-0.2%
3-Year
£486,673
-0.6%
Based on historical trend projection, capped at ±15% per year. This is not financial advice.
Rental Yield
Est. Monthly Rent
£1,347
Gross Yield
3.3%
Net Yield (est.)
2.64%
Region Average
1.61%
Annual rental income estimate: £16,164. Net yield deducts ~20% for management, voids, maintenance and insurance. Regional averages based on ONS Private Rental Market Statistics.
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Investment Score
Overall Score
Out of 10 — weighted composite
Area Intelligence
🛡️
Crime Rate
Above avg
117.4/1000 (+44.4% vs national)
🎓
Schools
5 Good+
12 total, 0 Outstanding
⚡
EPC Rating
Avg C
Score: 65/100
📶
Broadband
312 Mbps
Average download speed
🏛️
Council Tax
£2,088
Band D — Havering
🔑
Tenure
35% Owner
14% private rent
Nearby Postcodes
Frequently Asked Questions
What is the average house price in RM1?
The AI-estimated average house price in RM1 (ROMFORD) is £423,942, based on 1054 transactions in the last 12 months. This estimate has high confidence (±8%).
What is the rental yield in RM1?
The estimated gross rental yield in RM1 is 3.3%, based on an average monthly rent of £1,347 and average property price of £489,412. The estimated net yield after costs is 2.64%.
Is RM1 a good area to invest in?
RM1 has an overall investment score of 3.4/10. This considers price growth (2.4/10), rental yield (2.2/10), safety (2.8/10), schools (4.2/10), and connectivity (10/10).
What are property prices by type in RM1?
Average prices in RM1 by property type: detached (£682,942), semi-detached (£537,256), terraced (£457,743), flats (£238,905). These are based on Land Registry transaction data from the last 12 months.
How accurate are AI property estimates for RM1?
Our AI estimates for RM1 are based on Land Registry transaction data, local market trends, and area characteristics. With 1054 recent sales, the estimate has high confidence. For a precise valuation, we recommend getting a professional survey.
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Disclaimer: AI estimates are based on Land Registry transaction data and statistical modelling. They are not professional valuations. Rental yield estimates use ONS regional rental data and may differ from actual local rents. Past performance does not predict future house prices. For a precise valuation, consult a qualified surveyor.