According to the public record, 205, Highfield Road, Romford is a mid-century freehold house with 850 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Highfield Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
205, Highfield Road, Romford has a single entry in the Land Registry database from May 2020 and a single entry in the EPC database dated October 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 205 Highfield Road Romford as £381,181 and the rental value as £1,890 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 205 Highfield Road Romford has decreased by £5,907 (1.5%) and its rental value has increased by £103 per month (5.5%).
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 205, Highfield Road, Romford is in very good condition we estimate a sale value of £400,240 and rental value of £1,985 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,498 and a rental value of £1,758 per month.
If you were able to purchase this property for the estimated value of £381,181, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,873 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, 205, Highfield Road, Romford sits on a plot of 209m2.
We have plot size data on 10 out of 14 other houses in the postcode and 205, Highfield Road, Romford sits on the 8th largest plot.
According to HM Land Registry, 205, Highfield Road, Romford was last sold on 26 May 2020 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 205, Highfield Road, Romford within a radius of 590 metres over the last 2 years.
The most recent example is 238, Highfield Road, Romford, RM5 3AW, a Freehold house which sold for £455,000 in May 2022.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highfield Road, Romford, RM5 has a total of 257 addresses. According to our analysis of all the public data, 205, Highfield Road, Romford is the 121st largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in RM5.
205, Highfield Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 205, Highfield Road, Romford is Gidea Park station which is 3.4 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 205, Highfield Road, Romford, 46.8% of property is privately owned outright and 30.2% 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 205, Highfield Road, Romford, 12.5% of residents are recorded as possessing school level qualifications and 23.8% 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 205, Highfield Road, Romford, the average age was 38.8 and the most common age was 37.
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 205, Highfield Road, Romford, 0.5% 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 205, Highfield Road, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.