According to the public record, 15, Japan Road, Romford is a period freehold house with 1,130 ft2 of internal area and sits on a 145 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Japan Road, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
15, Japan Road, Romford has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated July 2013.
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 Japan Road Romford as £458,107 and the rental value as £2,219 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 15 Japan Road Romford has decreased by £5,467 (1.2%) and its rental value has increased by £79 per month (3.6%).
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, Japan Road, Romford is in very good condition we estimate a sale value of £481,012 and rental value of £2,330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,039 and a rental value of £2,064 per month.
If you were able to purchase this property for the estimated value of £458,107, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,251 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, Japan Road, Romford sits on a plot of 145m2.
We have plot size data on 13 out of 16 other houses in the postcode and 15, Japan Road, Romford sits on the 11th largest plot.
According to HM Land Registry, 15, Japan Road, Romford was last sold on 04 Apr 2014 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 52.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Japan Road, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 5, Japan Road, Romford, RM6 6PD, a Freehold house which sold for £425,000 in Aug 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Japan Road, Romford, RM6 has a total of 18 addresses. According to our analysis of all the public data, 15, Japan Road, Romford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in RM6.
15, Japan Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2013.
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 15, Japan Road, Romford is Chadwell Heath station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Japan Road, Romford, 47.4% of property is privately rented and 24.1% 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 15, Japan Road, Romford, 25.3% of residents are recorded as possessing school level qualifications and 31.4% 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 15, Japan Road, Romford, the average age was 35.3 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, Japan Road, Romford, 0.8% 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, Japan Road, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.