According to the public record, 205, Marks Road, Romford is a period freehold house with 667 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Marks Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
205, Marks Road, Romford has 41 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated April 2014.
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 Marks Road Romford as £349,835 and the rental value as £1,717 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 205 Marks Road Romford has increased by £1,108 (0.3%) and its rental value has increased by £101 per month (5.9%).
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, Marks Road, Romford is in very good condition we estimate a sale value of £367,326 and rental value of £1,803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,346 and a rental value of £1,597 per month.
If you were able to purchase this property for the estimated value of £349,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,719 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, Marks Road, Romford sits on a plot of 230m2.
We have plot size data on 32 out of 53 other houses in the postcode and 205, Marks Road, Romford sits on the 15th largest plot.
According to HM Land Registry, 205, Marks Road, Romford was last sold on 08 Dec 2017 for £320,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2017, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 205, Marks Road, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 201, Marks Road, Romford, RM7 7AF, a Freehold house which sold for £392,000 in May 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marks Road, Romford, RM7 has a total of 225 addresses. According to our analysis of all the public data, 205, Marks Road, Romford is the 139th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in RM7.
205, Marks Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Apr 2014.
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 205, Marks Road, Romford is Romford station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 205, Marks Road, Romford, 34.6% of property is privately rented and 26.3% 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, Marks Road, Romford, 23.3% of residents are recorded as possessing school level qualifications and 35.3% 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, Marks Road, Romford, the average age was 35.1 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 205, Marks 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 205, Marks Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.