According to the public record, 14, Caxton Way, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,235 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Caxton Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
14, Caxton Way, Romford has 21 entries in the Land Registry database, most recently in May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Caxton Way Romford as £924,463 and the rental value as £3,640 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 14 Caxton Way Romford has decreased by £28,102 (3.0%) and its rental value has increased by £104 per month (2.9%).
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 14, Caxton Way, Romford is in very good condition we estimate a sale value of £970,687 and rental value of £3,822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £859,751 and a rental value of £3,385 per month.
If you were able to purchase this property for the estimated value of £924,463, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,543 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 HM Land Registry, 14, Caxton Way, Romford was last sold on 30 May 2008 for £562,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2008, the market for similar properties has risen 83.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Caxton Way, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 9, Brunel Close, Romford, RM1 4GR, a Freehold house which sold for £890,000 in Jun 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caxton Way, Romford, RM1 has a total of 15 addresses. According to our analysis of all the public data, 14, Caxton Way, Romford is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £530k more expensive than the average property in RM1.
The closest station to 14, Caxton Way, Romford is Romford station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Caxton Way, Romford, 41.1% of property is privately owned outright and 36.3% 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 14, Caxton Way, Romford, 19.8% of residents are recorded as possessing school level qualifications and 34.5% 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 14, Caxton Way, Romford, the average age was 37 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 14, Caxton Way, Romford, 0.9% 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 14, Caxton Way, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.