According to the public record, 1 Towneley Cottages, Romford is a period freehold house and with 1,356 ft2 of internal area and sits on a 669 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Tysea Hill, Stapleford Abbotts, Romford, RM4 is located in the borough of Epping Forest within the RM4 postal district.
1 Towneley Cottages, Romford has 31 entries in the Land Registry database, most recently in February 2016 and no records in the EPC database.
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 Towneley Cottages Romford as £677,311 and the rental value as £2,757 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 1 Towneley Cottages Romford has increased by £2,884 (0.4%) and its rental value has increased by £87 per month (3.2%).
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 Towneley Cottages, Romford is in very good condition we estimate a sale value of £711,177 and rental value of £2,895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £629,900 and a rental value of £2,564 per month.
If you were able to purchase this property for the estimated value of £677,311, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,329 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 Towneley Cottages, Romford sits on a plot of 669m2.
We have plot size data on 28 out of 44 other houses in the postcode and 1 Towneley Cottages, Romford sits on the 17th largest plot.
According to HM Land Registry, 1 Towneley Cottages, Romford was last sold on 25 Feb 2016 for £410,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2016, the market for similar properties has risen 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Towneley Cottages, Romford within a radius of 128m over the last 2 years.
The most recent example is 3 Towneley Cottages, Tysea Hill, Romford, RM4 1JP, a Freehold house which sold for £380,100 in Mar 2023.
Read more about house prices in RM4.
Tysea Hill, Stapleford Abbotts, Romford, RM4 has a total of 78 addresses. According to our analysis of all the public data, 1 Towneley Cottages, Romford is the 41st largest and the 40th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in RM4.
1 Towneley Cottages, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 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 Towneley Cottages, Romford is Harold Wood station which is 5.0 km 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 Towneley Cottages, Romford, 46.7% of property is privately owned outright and 40.0% 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 Towneley Cottages, Romford, 18.6% of residents are recorded as possessing school level qualifications and 25.7% 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 Towneley Cottages, Romford, the average age was 44.3 and the most common age was 57.
The graph below shows how this compares to East of England 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 Towneley Cottages, Romford, 2.2% of property was a second home.
Comparison figures for East of England 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 Towneley Cottages, Romford, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.