According to the public record, 2, Cedric Avenue, Romford is a early-century freehold house with 1,216 ft2 of internal area and sits on a 554 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cedric Avenue, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
2, Cedric Avenue, Romford has 21 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated August 2022.
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 Cedric Avenue Romford as £624,454 and the rental value as £2,514 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Cedric Avenue Romford has decreased by £18,299 (2.9%) and its rental value has increased by £76 per month (3.0%).
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, Cedric Avenue, Romford is in very good condition we estimate a sale value of £655,676 and rental value of £2,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £580,742 and a rental value of £2,338 per month.
If you were able to purchase this property for the estimated value of £624,454, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,069 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, Cedric Avenue, Romford sits on a plot of 554m2.
We have plot size data on 10 out of 18 other houses in the postcode and 2, Cedric Avenue, Romford sits on the 2nd largest plot.
According to HM Land Registry, 2, Cedric Avenue, Romford was last sold on 16 Feb 2023 for £700,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cedric Avenue, Romford within a radius of 610 metres over the last 2 years.
The most recent example is 52, Marshalls Drive, Romford, RM1 4JT, a Freehold house which sold for £540,000 in Feb 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedric Avenue, Romford, RM1 has a total of 18 addresses. According to our analysis of all the public data, 2, Cedric Avenue, Romford is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £230k more expensive than the average property in RM1.
2, Cedric Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2022.
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, Cedric Avenue, Romford is Romford station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cedric Avenue, Romford, 50.8% of property is privately owned outright and 44.2% 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, Cedric Avenue, Romford, 18.1% of residents are recorded as possessing school level qualifications and 33.2% 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, Cedric 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 2, Cedric Avenue, Romford, 1.6% 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, Cedric Avenue, 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.