According to the public record, 20, Woodbridge Lane, Romford is a mid-century house with 796 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Woodbridge Lane, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
20, Woodbridge Lane, Romford has no records in the Land Registry database and a single entry in the EPC database dated July 2022.
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 20 Woodbridge Lane Romford as £350,287 and the rental value as £1,805 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 20 Woodbridge Lane Romford has decreased by £4,003 (1.1%) and its rental value has increased by £86 per month (4.8%).
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 20, Woodbridge Lane, Romford is in very good condition we estimate a sale value of £367,801 and rental value of £1,895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,767 and a rental value of £1,678 per month.
If you were able to purchase this property for the estimated value of £350,287, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,722 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Woodbridge Lane, Romford within a radius of 600 metres over the last 2 years.
The most recent example is 38, Dorking Road, Romford, RM3 9AE, a Freehold house which sold for £358,000 in Feb 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodbridge Lane, Romford, RM3 has a total of 63 addresses. According to our analysis of all the public data, 20, Woodbridge Lane, Romford is the 58th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in RM3.
20, Woodbridge Lane, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 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 20, Woodbridge Lane, Romford is Harold Wood station which is 2.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Woodbridge Lane, Romford, 44.8% of property is socially rented and 24.0% 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 20, Woodbridge Lane, Romford, 25.8% of residents are recorded as possessing school level qualifications and 23.4% 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 20, Woodbridge Lane, Romford, the average age was 38.4 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 20, Woodbridge Lane, Romford, 0.6% 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 20, Woodbridge Lane, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.