According to the public record, 2, Ayr Way, Romford is a early-century freehold house with 1,044 ft2 of internal area and sits on a 739 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ayr Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
2, Ayr Way, Romford has 2 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated February 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 2 Ayr Way Romford as £502,718 and the rental value as £2,311 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2 Ayr Way Romford has decreased by £6,967 (1.4%) and its rental value has increased by £124 per month (5.4%).
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, Ayr Way, Romford is in very good condition we estimate a sale value of £527,854 and rental value of £2,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,527 and a rental value of £2,149 per month.
If you were able to purchase this property for the estimated value of £502,718, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,471 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, Ayr Way, Romford sits on a plot of 739m2.
We have plot size data on 10 out of 20 other houses in the postcode and 2, Ayr Way, Romford sits on the largest plot.
According to HM Land Registry, 2, Ayr Way, Romford was last sold on 18 Jul 2022 for £575,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ayr Way, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 47, Heather Gardens, Romford, RM1 4SS, a Freehold house which sold for £425,000 in Aug 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ayr Way, Romford, RM1 has a total of 63 addresses. According to our analysis of all the public data, 2, Ayr Way, Romford is the 39th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in RM1.
2, Ayr Way, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Feb 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 2, Ayr Way, Romford is Romford station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Ayr Way, Romford, 62.4% of property is privately owned outright and 33.9% 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 2, Ayr Way, Romford, 16.4% of residents are recorded as possessing school level qualifications and 20.5% 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, Ayr Way, 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 2, Ayr Way, 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, Ayr Way, Romford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.