According to the public record, 19, Horace Avenue, Romford is a early-century freehold house with 1,582 ft2 of internal area and sits on a 336 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Horace Avenue, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
19, Horace Avenue, Romford has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated May 2021.
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 19 Horace Avenue Romford as £583,330 and the rental value as £2,452 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 19 Horace Avenue Romford has decreased by £11,103 (1.9%) and its rental value has increased by £88 per month (3.6%).
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 19, Horace Avenue, Romford is in very good condition we estimate a sale value of £612,496 and rental value of £2,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,497 and a rental value of £2,280 per month.
If you were able to purchase this property for the estimated value of £583,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,867 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, 19, Horace Avenue, Romford sits on a plot of 336m2.
We have plot size data on 9 out of 23 other houses in the postcode and 19, Horace Avenue, Romford sits on the 4th largest plot.
According to HM Land Registry, 19, Horace Avenue, Romford was last sold on 28 Jan 2022 for £640,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Horace Avenue, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 159, Dagenham Road, Romford, RM7 0TL, a Freehold house which sold for £540,000 in Sep 2021.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horace Avenue, Romford, RM7 has a total of 76 addresses. According to our analysis of all the public data, 19, Horace Avenue, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £207k more expensive than the average property in RM7.
19, Horace Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2021.
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 19, Horace Avenue, Romford is Romford station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 19, Horace Avenue, Romford, 43.7% of property is privately owned with a mortgage and 39.7% 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 19, Horace Avenue, Romford, 20.6% of residents are recorded as possessing school level qualifications and 27.6% 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 19, Horace Avenue, Romford, the average age was 38.7 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 19, Horace Avenue, Romford, 0.8% 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 19, Horace Avenue, 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.