According to the public record, 1, Japan Road, Romford is a period freehold house with 957 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Japan Road, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
1, Japan Road, Romford has 31 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Japan Road Romford as £415,699 and the rental value as £2,054 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Japan Road Romford has decreased by £1,849 (0.4%) and its rental value has increased by £89 per month (4.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Japan Road, Romford is in very good condition we estimate a sale value of £436,484 and rental value of £2,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,600 and a rental value of £1,910 per month.
If you were able to purchase this property for the estimated value of £415,699, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,043 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Japan Road, Romford sits on a plot of 142m2.
We have plot size data on 13 out of 16 other houses in the postcode and 1, Japan Road, Romford sits on the 12th largest plot.
According to HM Land Registry, 1, Japan Road, Romford was last sold on 31 Jan 2014 for £250,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2014, the market for similar properties has risen 60.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Japan Road, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 5, Japan Road, Romford, RM6 6PD, a Freehold house which sold for £425,000 in Aug 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Japan Road, Romford, RM6 has a total of 18 addresses. According to our analysis of all the public data, 1, Japan Road, Romford is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in RM6.
1, Japan Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Japan Road, Romford is Chadwell Heath station which is 400 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 1, Japan Road, Romford, 47.4% of property is privately rented and 24.1% 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 1, Japan Road, Romford, 25.3% of residents are recorded as possessing school level qualifications and 31.4% 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 1, Japan Road, Romford, the average age was 35.3 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 1, Japan Road, Romford, 0.8% 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 1, Japan Road, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.