According to the public record, 16, Hailsham Road, Romford is a mid-century freehold house with 914 ft2 of internal area and sits on a 237 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hailsham Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
16, Hailsham Road, Romford has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated July 2015.
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 Hailsham Road Romford as £361,651 and the rental value as £1,899 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 16 Hailsham Road Romford has decreased by £2,668 (0.7%) and its rental value has increased by £99 per month (5.2%).
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, Hailsham Road, Romford is in very good condition we estimate a sale value of £379,734 and rental value of £1,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,336 and a rental value of £1,766 per month.
If you were able to purchase this property for the estimated value of £361,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,777 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, Hailsham Road, Romford sits on a plot of 237m2.
We have plot size data on 33 out of 60 other houses in the postcode and 16, Hailsham Road, Romford sits on the 8th largest plot.
According to HM Land Registry, 16, Hailsham Road, Romford was last sold on 15 Jan 2016 for £257,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Hailsham Road, Romford within a radius of 420 metres over the last 2 years.
The most recent example is 30, Hailsham Road, Romford, RM3 7SP, a Freehold house which sold for £285,000 in Apr 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hailsham Road, Romford, RM3 has a total of 108 addresses. According to our analysis of all the public data, 16, Hailsham Road, Romford is the 32nd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £826 more expensive than the average property in RM3.
16, Hailsham Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2015.
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, Hailsham Road, Romford is Harold Wood station which is 2.3 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, Hailsham Road, Romford, 33.6% of property is socially rented and 22.7% 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, Hailsham Road, Romford, 27.4% of residents are recorded as possessing school level qualifications and 24.3% 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, Hailsham Road, Romford, the average age was 33.9 and the most common age was 7.
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, Hailsham Road, Romford, 0.6% 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, Hailsham Road, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.