According to the public record, 16, Amberley Way, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 625 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Amberley Way, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
16, Amberley Way, Romford has a single entry in the Land Registry database from October 2021 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 16 Amberley Way Romford as £345,248 and the rental value as £1,626 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 16 Amberley Way Romford has increased by £271 (0.1%) and its rental value has increased by £98 per month (6.0%).
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 16, Amberley Way, Romford is in very good condition we estimate a sale value of £362,511 and rental value of £1,708 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,081 and a rental value of £1,512 per month.
If you were able to purchase this property for the estimated value of £345,248, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,697 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, 16, Amberley Way, Romford was last sold on 11 Oct 2021 for £204,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Amberley Way, Romford within a radius of 580 metres over the last 2 years.
The most recent example is 300, Mawney Road, Romford, RM7 8DL, a Freehold house which sold for £375,000 in May 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Amberley Way, Romford, RM7 has a total of 35 addresses. According to our analysis of all the public data, 16, Amberley Way, Romford is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in RM7.
The closest station to 16, Amberley Way, Romford is Romford station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Amberley Way, Romford, 37.9% of property is privately owned with a mortgage and 34.9% 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 16, Amberley Way, Romford, 20.2% of residents are recorded as possessing school level qualifications and 28.4% 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 16, Amberley Way, 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 16, Amberley Way, 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 16, Amberley Way, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.