According to the public record, 1, Milton Road, Romford is a period freehold house with 1,754 ft2 of internal area and sits on a 465 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Milton Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
1, Milton Road, Romford has 2 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated October 2013.
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 Milton Road Romford as £596,995 and the rental value as £2,873 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1 Milton Road Romford has decreased by £14,209 (2.4%) and its rental value has increased by £100 per month (3.5%).
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, Milton Road, Romford is in very good condition we estimate a sale value of £626,845 and rental value of £3,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,205 and a rental value of £2,672 per month.
If you were able to purchase this property for the estimated value of £596,995, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,934 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, Milton Road, Romford sits on a plot of 465m2.
We have plot size data on 7 out of 19 other houses in the postcode and 1, Milton Road, Romford sits on the largest plot.
According to HM Land Registry, 1, Milton Road, Romford was last sold on 22 Oct 2021 for £651,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Milton Road, Romford within a radius of 410 metres over the last 2 years.
The most recent example is 48, Manor Road, Romford, RM1 2RD, a Freehold house which sold for £634,000 in Aug 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milton Road, Romford, RM1 has a total of 36 addresses. According to our analysis of all the public data, 1, Milton Road, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £203k more expensive than the average property in RM1.
1, Milton Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2013.
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, Milton Road, Romford is Gidea Park station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Milton Road, Romford, 38.1% of property is privately owned with a mortgage and 28.0% 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 1, Milton Road, Romford, 19.1% of residents are recorded as possessing school level qualifications and 33.7% 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, Milton Road, Romford, the average age was 36.6 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, Milton Road, Romford, 1.9% 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, Milton Road, Romford, 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.