According to the public record, 16, Archway, Romford is a mid-century freehold house with 1,313 ft2 of internal area and sits on a 210 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Archway, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
16, Archway, Romford has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated March 2018.
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 16 Archway Romford as £447,162 and the rental value as £2,172 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 16 Archway Romford has decreased by £9,405 (2.1%) and its rental value has increased by £83 per month (3.8%).
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, Archway, Romford is in very good condition we estimate a sale value of £469,520 and rental value of £2,280 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,861 and a rental value of £2,020 per month.
If you were able to purchase this property for the estimated value of £447,162, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,198 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, 16, Archway, Romford sits on a plot of 210m2.
We have plot size data on 18 out of 38 other houses in the postcode and 16, Archway, Romford sits on the 9th largest plot.
According to HM Land Registry, 16, Archway, Romford was last sold on 16 Oct 2018 for £368,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Archway, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 132, Grange Road, Romford, RM3 7EA, a Freehold house which sold for £480,000 in Mar 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Archway, Romford, RM3 has a total of 67 addresses. According to our analysis of all the public data, 16, Archway, Romford is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in RM3.
16, Archway, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2018.
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 16, Archway, Romford is Harold Wood station which is 2.1 kilometres 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 16, Archway, Romford, 51.3% of property is privately owned with a mortgage and 30.3% 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, Archway, Romford, 15.6% of residents are recorded as possessing school level qualifications and 21.3% 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 16, Archway, Romford, the average age was 37.6 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, Archway, 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, Archway, 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.