Richards Avenue, Romford, RM7 is a residential street which is the 108th longest street in the RM7 area.
It contains 40 residential addresses consisting of 29 houses, 2 flats and 9 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £405,307. Sales values have decreased in the last 12 months by 0.4% and Rental values have increased by 5.1%.
Property sale values range from £267,330 for a leasehold flat, with 2 bedrooms split across 635 square feet of gross internal area and has no outside space to £590,225 for a freehold house, with 5 bedrooms split across 1,636 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Richards Avenue, Romford, RM7 is £492/ft2.
Properties achieve a rental yield of between 5.3% and 6.3%, and rental values range from £1,387 to £2,621 per month.
The last sale was 27 Jan 2023 for £415,000 and since then the market in the area has decreased by -0.2%. The street has had a total of 4 sales since 1995.
Richards Avenue, Romford, RM7 has seen 2 sales in the last three years and no sales in the last twelve months.
Richards Avenue, Romford, RM7 is the 108th largest and the 121st most expensive street in the RM7 area.
There is 1 postcode on Richards Avenue, Romford, RM7.
Richards Avenue, Romford, RM7 is a residential street located in RM7 containing 29 houses, 2 flats and 9 unknown.
The most common property type on Richards Avenue, 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 D.
The closest station to Richards Avenue, Romford, RM7 is Romford station which is 1.0 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 Richards Avenue, Romford, RM7, 30.9% of property is privately owned with a mortgage and 30.0% is privately rented.
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 Richards Avenue, Romford, RM7, 24.8% of residents are recorded as possessing school level qualifications and 35.2% 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 Richards Avenue, Romford, RM7, the average age was 35.1 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 Richards Avenue, 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 Richards Avenue, Romford, RM7, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.