According to the public record, 12, Horace Avenue, Romford is a early-century freehold house with 1,184 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Horace Avenue, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
12, Horace Avenue, Romford has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated April 2023.
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 12 Horace Avenue Romford as £475,961 and the rental value as £2,220 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 12 Horace Avenue Romford has decreased by £9,060 (1.9%) and its rental value has increased by £80 per month (3.6%).
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 12, Horace Avenue, Romford is in very good condition we estimate a sale value of £499,759 and rental value of £2,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,644 and a rental value of £2,064 per month.
If you were able to purchase this property for the estimated value of £475,961, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,339 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, 12, Horace Avenue, Romford sits on a plot of 230m2.
We have plot size data on 12 out of 21 other houses in the postcode and 12, Horace Avenue, Romford sits on the 7th largest plot.
According to HM Land Registry, 12, Horace Avenue, Romford was last sold on 05 Mar 2024 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Horace Avenue, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 62, Horace Avenue, Romford, RM7 0UP, a Freehold house which sold for £500,000 in May 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horace Avenue, Romford, RM7 has a total of 76 addresses. According to our analysis of all the public data, 12, Horace Avenue, Romford is the 17th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in RM7.
12, Horace Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2023.
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 12, Horace Avenue, Romford is Romford station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Horace Avenue, Romford, 43.7% of property is privately owned with a mortgage and 39.7% 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 12, Horace Avenue, Romford, 20.6% of residents are recorded as possessing school level qualifications and 27.6% 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 12, Horace Avenue, Romford, the average age was 38.7 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 12, Horace Avenue, Romford, 0.8% 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 12, Horace Avenue, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.