According to the public record, 196, Collier Row Lane, Romford is a early-century freehold house with 957 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Collier Row Lane, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
196, Collier Row Lane, Romford has 21 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated February 2016.
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 196 Collier Row Lane Romford as £451,718 and the rental value as £1,978 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 196 Collier Row Lane Romford has decreased by £8,329 (1.8%) and its rental value has increased by £100 per month (5.1%).
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 196, Collier Row Lane, Romford is in very good condition we estimate a sale value of £474,304 and rental value of £2,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,098 and a rental value of £1,839 per month.
If you were able to purchase this property for the estimated value of £451,718, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,220 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, 196, Collier Row Lane, Romford sits on a plot of 185m2.
We have plot size data on 18 out of 31 other houses in the postcode and 196, Collier Row Lane, Romford sits on the 14th largest plot.
According to HM Land Registry, 196, Collier Row Lane, Romford was last sold on 12 Jul 2016 for £345,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 196, Collier Row Lane, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 15, Hillfoot Avenue, Romford, RM5 3LJ, a Freehold house which sold for £485,000 in Mar 2024.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Collier Row Lane, Romford, RM5 has a total of 275 addresses. According to our analysis of all the public data, 196, Collier Row Lane, Romford is the 86th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in RM5.
196, Collier Row Lane, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2016.
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 196, Collier Row Lane, Romford is Romford station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 196, Collier Row Lane, Romford, 45.8% of property is privately owned outright and 44.9% 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 196, Collier Row Lane, Romford, 11.7% of residents are recorded as possessing school level qualifications and 22.1% 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 196, Collier Row Lane, 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 196, Collier Row Lane, Romford, 0.7% 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 196, Collier Row Lane, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.