Junction Road, Romford, RM1 is a residential street which is the 180th longest street in the RM1 area.
It contains 193 residential addresses consisting of 15 houses, 146 flats and 32 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £237,938. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 5.4%.
Property sale values range from £125,733 for a studio leasehold flat of 183 square feet and has no outside space to £1,044,205 for a freehold house, with 5 bedrooms split across 3,455 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Junction Road, Romford, RM1 is £461/ft2.
Properties achieve a rental yield of between 4.9% and 7.2%, and rental values range from £622 to £4,291 per month.
The last sale was 05 Jul 2024 for £215,000 and since then the market in the area has increased by 0.1%. The street has had a total of 4 sales since 1995.
Junction Road, Romford, RM1 has seen 4 sales in the last three years and 3 sales in the last twelve months.
Junction Road, Romford, RM1 is the 180th largest and the 25th most expensive street in the RM1 area.
There are 8 postcodes on Junction Road, Romford, RM1.
Junction Road, Romford, RM1 is a residential street located in RM1 containing 15 houses, 146 flats and 32 unknown.
The most common property type on Junction Road, Romford, RM1 is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to Junction Road, Romford, RM1 is Romford station which is 700 metres 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 Junction Road, Romford, RM1, 43.7% of property is privately rented and 35.0% is privately owned outright.
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 Junction Road, Romford, RM1, 11.1% of residents are recorded as possessing school level qualifications and 35.4% 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 Junction Road, Romford, RM1, the average age was 37 and the most common age was 32.
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 Junction Road, Romford, RM1, 0.0% 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 Junction Road, Romford, RM1, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.