According to the public record, 147, Marlborough Road, Romford is a mid-century freehold house with 775 ft2 of internal area and sits on a 312 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marlborough Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
147, Marlborough Road, Romford has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated February 2014.
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 147 Marlborough Road Romford as £381,333 and the rental value as £1,873 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 147 Marlborough Road Romford has decreased by £3,368 (0.9%) and its rental value has increased by £93 per month (4.9%).
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 147, Marlborough Road, Romford is in very good condition we estimate a sale value of £400,400 and rental value of £1,967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,640 and a rental value of £1,742 per month.
If you were able to purchase this property for the estimated value of £381,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,874 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, 147, Marlborough Road, Romford sits on a plot of 312m2.
We have plot size data on 35 out of 48 other houses in the postcode and 147, Marlborough Road, Romford sits on the 16th largest plot.
According to HM Land Registry, 147, Marlborough Road, Romford was last sold on 30 May 2014 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 54.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 147, Marlborough Road, Romford within a radius of 760 metres over the last 2 years.
The most recent example is 70, Essex Road, Romford, RM7 8AX, a Freehold house which sold for £415,000 in Oct 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marlborough Road, Romford, RM7 has a total of 218 addresses. According to our analysis of all the public data, 147, Marlborough Road, Romford is the 174th largest and the 146th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in RM7.
147, Marlborough Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2014.
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 147, Marlborough Road, Romford is Romford station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 147, Marlborough Road, Romford, 26.9% of property is privately owned outright and 26.9% is socially rented.
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 147, Marlborough Road, Romford, 21.0% of residents are recorded as possessing school level qualifications and 29.2% 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 147, Marlborough 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 147, Marlborough Road, 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 147, Marlborough Road, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.