According to the public record, 118, Grange Road, Romford is a mid-century freehold house with 613 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Grange Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
118, Grange Road, Romford has 31 entries in the Land Registry database, most recently in July 2011 and a single entry in the EPC database dated March 2021.
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 118 Grange Road Romford as £311,154 and the rental value as £1,527 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 118 Grange Road Romford has increased by £1,100 (0.4%) and its rental value has increased by £100 per month (6.5%).
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 118, Grange Road, Romford is in very good condition we estimate a sale value of £326,712 and rental value of £1,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,373 and a rental value of £1,420 per month.
If you were able to purchase this property for the estimated value of £311,154, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,529 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, 118, Grange Road, Romford sits on a plot of 105m2.
We have plot size data on 31 out of 48 other houses in the postcode and 118, Grange Road, Romford sits on the 30th largest plot.
According to HM Land Registry, 118, Grange Road, Romford was last sold on 29 Jul 2011 for £167,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2011, the market for similar properties has risen 100.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, Grange Road, Romford within a radius of 690 metres over the last 2 years.
The most recent example is 39, Grange Road, Romford, RM3 7DX, a Freehold house which sold for £330,000 in Jan 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Road, Romford, RM3 has a total of 122 addresses. According to our analysis of all the public data, 118, Grange Road, Romford is the 116th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in RM3.
118, Grange Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2021.
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 118, Grange Road, Romford is Gidea Park station which is 2.2 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 118, Grange Road, Romford, 46.5% of property is privately owned with a mortgage and 38.8% 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 118, Grange Road, Romford, 18.1% of residents are recorded as possessing school level qualifications and 28.4% 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 118, Grange Road, Romford, the average age was 37.6 and the most common age was 37.
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 118, Grange Road, Romford, 0.3% 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 118, Grange Road, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.