2 Old Sungate Cottages, Romford has 31 entries in the Land Registry database, most recently in May 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.
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 Old Sungate Cottages, Romford is in very good condition we estimate a sale value of £313,545 and rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,712 and a rental value of £1,408 per month.
If you were able to purchase this property for the estimated value of £298,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,468 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 Old Sungate Cottages, Romford sits on a plot of 238m2.
According to HM Land Registry, 2 Old Sungate Cottages, Romford was last sold on 30 May 2023 for £300,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2 Old Sungate Cottages, Romford within a radius of 970 metres over the last 2 years.
The most recent example is 262, Cross Road, Romford, RM7 8HS, a Freehold house which sold for £380,000 in Mar 2021.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Collier Row Road, Romford, RM5 has a total of 199 addresses. According to our analysis of all the public data, 2 Old Sungate Cottages, Romford is the 166th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in RM5.
2 Old Sungate Cottages, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Aug 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
According to the public record, 2 Old Sungate Cottages, Romford is a early-century freehold house with 559 ft2 of internal area and sits on a 238 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Collier Row Road, Romford, RM5 is located in the borough of Barking and Dagenham within the RM5 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Old Sungate Cottages Romford as £298,615 and the rental value as £1,514 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Old Sungate Cottages Romford has decreased by £1,883 (0.6%) and its rental value has increased by £91 per month (6.0%).
The closest station to 2 Old Sungate Cottages, Romford is Chadwell Heath station which is 3.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Old Sungate Cottages, Romford, 31.3% of property is privately owned with a mortgage and 28.2% is socially rented.
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 Old Sungate Cottages, Romford, 26.9% of residents are recorded as possessing school level qualifications and 24.2% 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 Old Sungate Cottages, Romford, the average age was 34.1 and the most common age was 12.
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 Old Sungate 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 Old Sungate Cottages, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.