According to the public record, 124, Balgores Lane, Romford is a early-century house with 1,313 ft2 of internal area and sits on a 304 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Balgores Lane, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
124, Balgores Lane, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 124 Balgores Lane Romford as £601,128 and the rental value as £2,752 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 124 Balgores Lane Romford has decreased by £4,654 (0.8%) and its rental value has increased by £144 per month (5.2%).
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 124, Balgores Lane, Romford is in very good condition we estimate a sale value of £631,184 and rental value of £2,890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £559,049 and a rental value of £2,560 per month.
If you were able to purchase this property for the estimated value of £601,128, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,954 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, 124, Balgores Lane, Romford sits on a plot of 304m2.
We have plot size data on 10 out of 16 other houses in the postcode and 124, Balgores Lane, Romford sits on the 5th largest plot.
According to HM Land Registry, 124, Balgores Lane, Romford was last sold on 20 Apr 1995 for £88,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 124, Balgores Lane, Romford within a radius of 540 metres over the last 2 years.
The most recent example is 5, Woodfield Drive, Romford, RM2 5DD, a Freehold house which sold for £612,500 in Mar 2024.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balgores Lane, Romford, RM2 has a total of 171 addresses. According to our analysis of all the public data, 124, Balgores Lane, Romford is the 75th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in RM2.
124, Balgores Lane, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Apr 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 124, Balgores Lane, Romford is Gidea Park station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 124, Balgores Lane, Romford, 46.3% of property is privately owned with a mortgage and 35.2% 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 124, Balgores Lane, Romford, 19.8% of residents are recorded as possessing school level qualifications and 36.5% 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 124, Balgores Lane, Romford, the average age was 42.1 and the most common age was 52.
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 124, Balgores Lane, Romford, 0.7% 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 124, Balgores Lane, 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.