According to the public record, 165, Oldchurch Road, Romford is a early-century freehold house with 861 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oldchurch Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
165, Oldchurch Road, Romford has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated June 2023.
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 165 Oldchurch Road Romford as £347,652 and the rental value as £1,842 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 165 Oldchurch Road Romford has decreased by £2,175 (0.6%) and its rental value has increased by £90 per month (4.9%).
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 165, Oldchurch Road, Romford is in very good condition we estimate a sale value of £365,035 and rental value of £1,934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,316 and a rental value of £1,713 per month.
If you were able to purchase this property for the estimated value of £347,652, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,709 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, 165, Oldchurch Road, Romford sits on a plot of 184m2.
We have plot size data on 24 out of 40 other houses in the postcode and 165, Oldchurch Road, Romford sits on the 20th largest plot.
According to HM Land Registry, 165, Oldchurch Road, Romford was last sold on 03 Nov 2023 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 165, Oldchurch Road, Romford within a radius of 470 metres over the last 2 years.
The most recent example is 135, Oldchurch Road, Romford, RM7 0BD, a Freehold house which sold for £382,000 in Jan 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oldchurch Road, Romford, RM7 has a total of 115 addresses. According to our analysis of all the public data, 165, Oldchurch Road, Romford is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in RM7.
165, Oldchurch Road, Romford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 165, Oldchurch Road, Romford is Romford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 165, Oldchurch Road, Romford, 52.3% of property is privately rented and 25.6% 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 165, Oldchurch Road, Romford, 32.3% of residents are recorded as possessing school level qualifications and 42.7% 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 165, Oldchurch Road, Romford, the average age was 35.1 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 165, Oldchurch Road, 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 165, Oldchurch Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.