According to the public record, 16, Redriff Road, Romford is a early-century freehold house with 1,076 ft2 of internal area and sits on a 287 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Redriff Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
16, Redriff Road, Romford has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated August 2022.
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 Redriff Road Romford as £474,950 and the rental value as £2,144 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 16 Redriff Road Romford has decreased by £11,989 (2.5%) and its rental value has increased by £78 per month (3.7%).
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, Redriff Road, Romford is in very good condition we estimate a sale value of £498,698 and rental value of £2,252 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,704 and a rental value of £1,994 per month.
If you were able to purchase this property for the estimated value of £474,950, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,334 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, Redriff Road, Romford sits on a plot of 287m2.
We have plot size data on 38 out of 69 other houses in the postcode and 16, Redriff Road, Romford sits on the 20th largest plot.
According to HM Land Registry, 16, Redriff Road, Romford was last sold on 28 Nov 2022 for £462,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Redriff Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 43, Redriff Road, Romford, RM7 8HD, a Freehold house which sold for £510,000 in Apr 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redriff Road, Romford, RM7 has a total of 69 addresses. According to our analysis of all the public data, 16, Redriff Road, Romford is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in RM7.
16, Redriff Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 16, Redriff Road, Romford is Romford station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Redriff Road, Romford, 47.4% of property is privately owned outright and 39.5% 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 16, Redriff Road, Romford, 19.6% of residents are recorded as possessing school level qualifications and 23.5% 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, Redriff Road, Romford, the average age was 40.2 and the most common age was 42.
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, Redriff Road, Romford, 2.0% 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, Redriff Road, 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.