According to the public record, 2 Nathaniel Cottages, Romford is a modern house with 839 ft2 of internal area and sits on a 778 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Prospect Place, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
2 Nathaniel Cottages, Romford has no records in the Land Registry database and a single entry in the EPC database dated July 2013.
We combine this information with public data 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 2 Nathaniel Cottages Romford as £243,720 and the rental value as £1,296 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2 Nathaniel Cottages Romford has decreased by £3,272 (1.3%) and its rental value has increased by £69 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 2 Nathaniel Cottages, Romford is in very good condition we estimate a sale value of £255,906 and rental value of £1,360 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,660 and a rental value of £1,205 per month.
If you were able to purchase this property for the estimated value of £243,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,198 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, 2 Nathaniel Cottages, Romford sits on a plot of 778m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2 Nathaniel Cottages, Romford sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of 2 Nathaniel Cottages, Romford over the last 2 years.
The most recent example is 3, Wainfleet Avenue, Romford, RM5 3BX, a Freehold house which sold for £195,000 in Apr 2014.
Read more about house prices in RM5.
Prospect Place, Romford, RM5 has a total of 52 addresses. According to our analysis of all the public data, 2 Nathaniel Cottages, Romford is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in RM5.
2 Nathaniel Cottages, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jul 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2 Nathaniel Cottages, Romford is Romford station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Nathaniel Cottages, Romford, 42.0% of property is socially rented and 26.0% 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 2 Nathaniel Cottages, Romford, 25.4% of residents are recorded as possessing school level qualifications and 19.6% 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 2 Nathaniel Cottages, 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 2 Nathaniel Cottages, 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 2 Nathaniel Cottages, Romford, there are an average of 1.0 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.