According to the public record, 2, Stockland Road, Romford is a period freehold house with 775 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Stockland Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
2, Stockland Road, Romford has 2 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated August 2013.
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 Stockland Road Romford as £357,422 and the rental value as £1,886 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Stockland Road Romford has decreased by £1,017 (0.3%) and its rental value has increased by £99 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, Stockland Road, Romford is in very good condition we estimate a sale value of £375,293 and rental value of £1,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,403 and a rental value of £1,754 per month.
If you were able to purchase this property for the estimated value of £357,422, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,757 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, Stockland Road, Romford sits on a plot of 204m2.
We have plot size data on 26 out of 38 other houses in the postcode and 2, Stockland Road, Romford sits on the 5th largest plot.
According to HM Land Registry, 2, Stockland Road, Romford was last sold on 13 Jun 2014 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2014, the market for similar properties has risen 56.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Stockland Road, Romford within a radius of 420 metres over the last 2 years.
The most recent example is 6, Stockland Road, Romford, RM7 9AR, a Freehold house which sold for £326,000 in Dec 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stockland Road, Romford, RM7 has a total of 38 addresses. According to our analysis of all the public data, 2, Stockland Road, Romford is the 31st largest and the 29th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in RM7.
2, Stockland Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Aug 2013.
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, Stockland Road, Romford is Romford station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Stockland Road, Romford, 36.2% of property is privately owned with a mortgage and 30.1% is privately 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, Stockland Road, Romford, 22.3% of residents are recorded as possessing school level qualifications and 33.9% 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, Stockland Road, Romford, the average age was 37 and the most common age was 32.
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, Stockland Road, 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, Stockland Road, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.