According to the public record, 103, Parkside Avenue, Romford is a early-century freehold house with 968 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parkside Avenue, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
103, Parkside Avenue, Romford has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated July 2022.
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 103 Parkside Avenue Romford as £467,370 and the rental value as £2,136 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 103 Parkside Avenue Romford has decreased by £3,615 (0.8%) and its rental value has increased by £113 per month (5.3%).
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 103, Parkside Avenue, Romford is in very good condition we estimate a sale value of £490,739 and rental value of £2,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,654 and a rental value of £1,987 per month.
If you were able to purchase this property for the estimated value of £467,370, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,297 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, 103, Parkside Avenue, Romford sits on a plot of 240m2.
We have plot size data on 20 out of 32 other houses in the postcode and 103, Parkside Avenue, Romford sits on the 7th largest plot.
According to HM Land Registry, 103, Parkside Avenue, Romford was last sold on 18 Nov 2022 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 103, Parkside Avenue, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 72, Parkside Avenue, Romford, RM1 4NH, a Freehold house which sold for £412,000 in Oct 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkside Avenue, Romford, RM1 has a total of 204 addresses. According to our analysis of all the public data, 103, Parkside Avenue, Romford is the 95th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in RM1.
103, Parkside Avenue, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jul 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 103, Parkside Avenue, Romford is Romford station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 103, Parkside Avenue, Romford, 49.6% of property is privately owned outright and 38.7% 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 103, Parkside Avenue, Romford, 18.4% of residents are recorded as possessing school level qualifications and 28.5% 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 103, Parkside Avenue, Romford, the average age was 40.2 and the most common age was 42.
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 103, Parkside Avenue, Romford, 0.6% 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 103, Parkside Avenue, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.