Essex Road, Romford, RM7 is a residential street which is the 194th longest street in the RM7 area.
It contains 148 residential addresses consisting of 85 houses, 16 flats and 47 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £406,376. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 5.0%.
Property sale values range from £208,498 for a leasehold flat, with 1 bedrooms split across 420 square feet of gross internal area and has no outside space to £668,182 for a freehold house, with 5 bedrooms split across 1,851 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Essex Road, Romford, RM7 is £467/ft2.
Properties achieve a rental yield of between 5.1% and 6.4%, and rental values range from £1,044 to £2,855 per month.
The last sale was 09 Jan 2024 for £520,000 and since then the market in the area has increased by 0.4%. The street has had a total of 4 sales since 1995.
Essex Road, Romford, RM7 has seen 4 sales in the last three years and 2 sales in the last twelve months.
Essex Road, Romford, RM7 is the 194th largest and the 122nd most expensive street in the RM7 area.
There are 4 postcodes on Essex Road, Romford, RM7.
Essex Road, Romford, RM7 is a residential street located in RM7 containing 85 houses, 16 flats and 47 unknown.
The most common property type on Essex 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 Essex Road, Romford, RM7 is Romford station which is 2.0 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 Essex Road, Romford, RM7, 43.1% of property is privately owned outright and 37.5% 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 Essex Road, Romford, RM7, 23.6% of residents are recorded as possessing school level qualifications and 26.3% 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 Essex Road, Romford, RM7, the average age was 38.3 and the most common age was 37.
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 Essex 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 Essex Road, Romford, RM7, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.