Elm Road, Romford, RM7 is a residential street which is the 124th longest street in the RM7 area.
It contains 36 houses and 15 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £419,143. Sales values have decreased in the last 12 months by 1.6% and Rental values have increased by 5.2%.
Property sale values range from £329,259 for a freehold house, with 2 bedrooms split across 581 square feet of gross internal area and has a garden to £617,833 for a freehold house, with 5 bedrooms split across 1,819 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Elm Road, Romford, RM7 is £419/ft2.
Properties achieve a rental yield of between 5.3% and 6%, and rental values range from £1,619 to £2,706 per month.
The last sale was 06 Apr 2023 for £500,000 and since then the market in the area has decreased by -3.6%. The street has had a total of 4 sales since 1995.
Elm Road, Romford, RM7 has seen 4 sales in the last three years and no sales in the last twelve months.
Elm Road, Romford, RM7 is the 124th largest and the 148th most expensive street in the RM7 area.
There is 1 postcode on Elm Road, Romford, RM7.
Elm Road, Romford, RM7 is a residential street located in RM7 containing 36 houses and 15 unknown.
The most common property type on Elm Road, Romford, RM7 is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to Elm Road, Romford, RM7 is Romford station which is 2.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Elm Road, Romford, RM7, 45.2% of property is privately owned outright and 45.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Elm Road, Romford, RM7, 18.2% of residents are recorded as possessing school level qualifications and 30.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Elm Road, Romford, RM7, the average age was 40.2 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Elm Road, Romford, RM7, 0.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Elm Road, Romford, RM7, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.