According to the public record, 15, Hornford Way, Romford is a early-century leasehold house with 764 ft2 of internal area and sits on a 293 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hornford Way, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
15, Hornford Way, Romford has 2 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated July 2016.
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 15 Hornford Way Romford as £406,681 and the rental value as £1,828 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 15 Hornford Way Romford has decreased by £2,545 (0.6%) and its rental value has increased by £89 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 15, Hornford Way, Romford is in very good condition we estimate a sale value of £427,015 and rental value of £1,919 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,213 and a rental value of £1,700 per month.
If you were able to purchase this property for the estimated value of £406,681, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,999 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, 15, Hornford Way, Romford sits on a plot of 293m2.
We have plot size data on 24 out of 33 other houses in the postcode and 15, Hornford Way, Romford sits on the 12th largest plot.
According to HM Land Registry, 15, Hornford Way, Romford was last sold on 28 May 2021 for £380,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Hornford Way, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 17, Hornford Way, Romford, RM7 0PR, a Freehold house which sold for £415,000 in Mar 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hornford Way, Romford, RM7 has a total of 33 addresses. According to our analysis of all the public data, 15, Hornford Way, Romford is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in RM7.
15, Hornford Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jul 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 15, Hornford Way, Romford is Romford station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Hornford Way, Romford, 46.8% of property is privately owned with a mortgage and 37.1% 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 15, Hornford Way, Romford, 24.8% of residents are recorded as possessing school level qualifications and 32.3% 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 15, Hornford Way, Romford, the average age was 35.1 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 15, Hornford Way, Romford, 1.9% 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 15, Hornford Way, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.