According to the public record, 14, Ferndale Road, Romford is a early-century freehold house with 656 ft2 of internal area and sits on a 256 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ferndale Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
14, Ferndale Road, Romford has a single entry in the Land Registry database from February 2007 and a single entry in the EPC database dated February 2017.
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 14 Ferndale Road Romford as £342,973 and the rental value as £1,667 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 14 Ferndale Road Romford has decreased by £4,470 (1.3%) and its rental value has increased by £84 per month (5.0%).
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, Ferndale Road, Romford is in very good condition we estimate a sale value of £360,122 and rental value of £1,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,965 and a rental value of £1,551 per month.
If you were able to purchase this property for the estimated value of £342,973, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,686 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, 14, Ferndale Road, Romford sits on a plot of 256m2.
We have plot size data on 23 out of 33 other houses in the postcode and 14, Ferndale Road, Romford sits on the 10th largest plot.
According to HM Land Registry, 14, Ferndale Road, Romford was last sold on 23 Feb 2007 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 78.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Ferndale Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 1, Collier Row Lane, Romford, RM5 3BL, a Freehold house which sold for £415,000 in Dec 2021.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferndale Road, Romford, RM5 has a total of 39 addresses. According to our analysis of all the public data, 14, Ferndale Road, Romford is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in RM5.
14, Ferndale Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2017.
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 14, Ferndale Road, Romford is Romford station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Ferndale Road, Romford, 50.7% of property is privately owned with a mortgage and 31.0% 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 14, Ferndale Road, Romford, 18.4% of residents are recorded as possessing school level qualifications and 27.4% 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 14, Ferndale Road, Romford, the average age was 40.2 and the most common age was 42.
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, Ferndale Road, Romford, 0.0% 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, Ferndale Road, 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.