According to the public record, 197, Highfield Road, Romford is a mid-century freehold house with 839 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Highfield Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
197, Highfield Road, Romford has 2 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated February 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 197 Highfield Road Romford as £352,165 and the rental value as £1,850 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 197 Highfield Road Romford has decreased by £4,538 (1.3%) and its rental value has increased by £107 per month (5.8%).
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 197, Highfield Road, Romford is in very good condition we estimate a sale value of £369,773 and rental value of £1,942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,513 and a rental value of £1,720 per month.
If you were able to purchase this property for the estimated value of £352,165, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,731 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, 197, Highfield Road, Romford sits on a plot of 164m2.
We have plot size data on 6 out of 12 other houses in the postcode and 197, Highfield Road, Romford sits on the 2nd largest plot.
According to HM Land Registry, 197, Highfield Road, Romford was last sold on 30 Nov 2023 for £363,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 197, Highfield Road, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 177, Highfield Road, Romford, RM5 3AQ, a Freehold house which sold for £346,000 in Feb 2024.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highfield Road, Romford, RM5 has a total of 257 addresses. According to our analysis of all the public data, 197, Highfield Road, Romford is the 133rd largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in RM5.
197, Highfield Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2023.
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 197, Highfield Road, Romford is Gidea Park station which is 3.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 197, Highfield Road, Romford, 32.4% of property is socially rented and 31.0% 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 197, Highfield Road, Romford, 25.3% of residents are recorded as possessing school level qualifications and 24.0% 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 197, Highfield Road, Romford, the average age was 38.8 and the most common age was 37.
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 197, Highfield Road, Romford, 0.5% 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 197, Highfield Road, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.