According to the public record, 1, Woodlands Road, Romford is a modern freehold house with 456 ft2 of internal area and sits on a 138 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Woodlands Road, Harold Wood, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
1, Woodlands Road, Romford has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated February 2009.
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 Woodlands Road Romford as £272,566 and the rental value as £1,361 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 1 Woodlands Road Romford has decreased by £2,625 (1.0%) and its rental value has increased by £67 per month (4.9%).
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, Woodlands Road, Romford is in very good condition we estimate a sale value of £286,195 and rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,487 and a rental value of £1,266 per month.
If you were able to purchase this property for the estimated value of £272,566, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,340 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, Woodlands Road, Romford sits on a plot of 138m2.
We have plot size data on 15 out of 30 other houses in the postcode and 1, Woodlands Road, Romford sits on the 9th largest plot.
According to HM Land Registry, 1, Woodlands Road, Romford was last sold on 15 Dec 2009 for £196,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 109.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Woodlands Road, Romford within a radius of 580 metres over the last 2 years.
The most recent example is 29, Oak Road, Romford, RM3 0PH, a Freehold house which sold for £280,000 in Oct 2022.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodlands Road, Harold Wood, Romford, RM3 has a total of 31 addresses. According to our analysis of all the public data, 1, Woodlands Road, Romford is the 30th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in RM3.
1, Woodlands Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2009.
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, Woodlands Road, Romford is Harold Wood station which is 300 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, Woodlands Road, Romford, 40.6% of property is privately owned outright and 39.1% 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, Woodlands Road, Romford, 11.1% of residents are recorded as possessing school level qualifications and 35.7% 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, Woodlands Road, Romford, the average age was 40.7 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, Woodlands Road, Romford, 2.5% 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, Woodlands Road, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.