According to the public record, 218, London Road, Romford is a period freehold house with 592 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
London Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
218, London Road, Romford has 21 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 218 London Road Romford as £320,635 and the rental value as £1,607 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 218 London Road Romford has increased by £1,016 (0.3%) and its rental value has increased by £94 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 218, London Road, Romford is in very good condition we estimate a sale value of £336,667 and rental value of £1,688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,191 and a rental value of £1,495 per month.
If you were able to purchase this property for the estimated value of £320,635, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,576 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, 218, London Road, Romford sits on a plot of 220m2.
We have plot size data on 23 out of 28 other houses in the postcode and 218, London Road, Romford sits on the 15th largest plot.
According to HM Land Registry, 218, London Road, Romford was last sold on 21 Dec 2020 for £322,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 218, London Road, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 230, London Road, Romford, RM7 9ER, a Freehold house which sold for £347,000 in Dec 2021.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Romford, RM7 has a total of 479 addresses. According to our analysis of all the public data, 218, London Road, Romford is the 296th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in RM7.
218, London Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 May 2019.
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 218, London Road, Romford is Romford station which is 1.1 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 218, London Road, Romford, 30.9% of property is privately owned with a mortgage and 30.0% 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 218, London Road, Romford, 24.8% of residents are recorded as possessing school level qualifications and 35.2% 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 218, London 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 218, London Road, Romford, 0.3% 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 218, London 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.