According to the public record, 123, Cross Road, Romford is a early-century freehold house with 721 ft2 of internal area and sits on a 606 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cross Road, Mawneys, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
123, Cross Road, Romford has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated August 2018.
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 123 Cross Road Romford as £368,088 and the rental value as £1,813 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 123 Cross Road Romford has decreased by £4,865 (1.3%) and its rental value has increased by £98 per month (5.4%).
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 123, Cross Road, Romford is in very good condition we estimate a sale value of £386,492 and rental value of £1,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,322 and a rental value of £1,686 per month.
If you were able to purchase this property for the estimated value of £368,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,809 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, 123, Cross Road, Romford sits on a plot of 606m2.
We have plot size data on 18 out of 30 other houses in the postcode and 123, Cross Road, Romford sits on the 2nd largest plot.
According to HM Land Registry, 123, Cross Road, Romford was last sold on 03 Jan 2019 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 123, Cross Road, Romford within a radius of 620 metres over the last 2 years.
The most recent example is 65, Birch Road, Romford, RM7 8ER, a Freehold house which sold for £398,000 in Feb 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Road, Mawneys, Romford, RM7 has a total of 247 addresses. According to our analysis of all the public data, 123, Cross Road, Romford is the 168th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in RM7.
123, Cross Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2018.
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 123, Cross Road, Romford is Romford station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 123, Cross Road, Romford, 45.1% of property is privately owned outright and 26.2% 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 123, Cross Road, Romford, 20.3% of residents are recorded as possessing school level qualifications and 25.2% 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 123, Cross Road, Romford, the average age was 38.3 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 123, Cross Road, 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 123, Cross 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.