According to the public record, 11, Morley Road, Romford is a period freehold house with 1,022 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morley Road, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
11, Morley Road, Romford has 2 entries in the Land Registry database, most recently in June 2012 and a single entry in the EPC database dated September 2019.
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 11 Morley Road Romford as £390,765 and the rental value as £2,047 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 11 Morley Road Romford has decreased by £2,237 (0.6%) and its rental value has increased by £88 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 11, Morley Road, Romford is in very good condition we estimate a sale value of £410,303 and rental value of £2,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,412 and a rental value of £1,904 per month.
If you were able to purchase this property for the estimated value of £390,765, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,920 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, 11, Morley Road, Romford sits on a plot of 184m2.
We have plot size data on 20 out of 30 other houses in the postcode and 11, Morley Road, Romford sits on the 9th largest plot.
According to HM Land Registry, 11, Morley Road, Romford was last sold on 21 Jun 2012 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2012, the market for similar properties has risen 87.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Morley Road, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 34, Morley Road, Romford, RM6 6XB, a Freehold house which sold for £468,000 in Aug 2022.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morley Road, Romford, RM6 has a total of 74 addresses. According to our analysis of all the public data, 11, Morley Road, Romford is the 24th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in RM6.
11, Morley Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2019.
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 11, Morley Road, Romford is Chadwell Heath station which is 1.1 kilometres 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 11, Morley Road, Romford, 47.5% of property is privately owned with a mortgage and 28.0% is privately owned outright.
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 11, Morley Road, Romford, 22.8% of residents are recorded as possessing school level qualifications and 35.2% 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 11, Morley 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 11, Morley Road, Romford, 0.0% 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 11, Morley Road, 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.