According to the public record, 193, Parkside Avenue, Romford is a mid-century freehold house with 904 ft2 of internal area and sits on a 442 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parkside Avenue, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
193, Parkside Avenue, Romford has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated October 2019.
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 193 Parkside Avenue Romford as £463,060 and the rental value as £2,171 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 193 Parkside Avenue Romford has decreased by £4,219 (0.9%) and its rental value has increased by £115 per month (5.3%).
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 193, Parkside Avenue, Romford is in very good condition we estimate a sale value of £486,213 and rental value of £2,279 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,646 and a rental value of £2,019 per month.
If you were able to purchase this property for the estimated value of £463,060, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,276 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, 193, Parkside Avenue, Romford sits on a plot of 442m2.
We have plot size data on 21 out of 36 other houses in the postcode and 193, Parkside Avenue, Romford sits on the largest plot.
According to HM Land Registry, 193, Parkside Avenue, Romford was last sold on 03 Mar 2020 for £402,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 193, Parkside Avenue, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 186, Parkside Avenue, Romford, RM1 4NP, a Freehold house which sold for £550,000 in Dec 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkside Avenue, Romford, RM1 has a total of 204 addresses. According to our analysis of all the public data, 193, Parkside Avenue, Romford is the 114th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in RM1.
193, Parkside Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2019.
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 193, Parkside Avenue, Romford is Romford station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 193, Parkside Avenue, Romford, 41.9% of property is privately owned outright and 37.5% 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 193, Parkside Avenue, Romford, 13.6% of residents are recorded as possessing school level qualifications and 34.8% 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 193, Parkside Avenue, Romford, the average age was 44 and the most common age was 57.
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 193, Parkside Avenue, 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 193, Parkside Avenue, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.