According to the public record, 22, Netherpark Drive, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,509 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Netherpark Drive, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
22, Netherpark Drive, Romford has a single entry in the Land Registry database from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 22 Netherpark Drive Romford as £669,298 and the rental value as £2,833 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 22 Netherpark Drive Romford has decreased by £18,301 (2.7%) and its rental value has increased by £93 per month (3.3%).
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 22, Netherpark Drive, Romford is in very good condition we estimate a sale value of £702,763 and rental value of £2,975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,447 and a rental value of £2,635 per month.
If you were able to purchase this property for the estimated value of £669,298, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,289 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 HM Land Registry, 22, Netherpark Drive, Romford was last sold on 24 Jan 2008 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 72.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Netherpark Drive, Romford within a radius of 730 metres over the last 2 years.
The most recent example is 11, Netherpark Drive, Romford, RM2 5RJ, a Freehold house which sold for £722,500 in Jan 2024.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netherpark Drive, Romford, RM2 has a total of 49 addresses. According to our analysis of all the public data, 22, Netherpark Drive, Romford is the 11th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in RM2.
The closest station to 22, Netherpark Drive, Romford is Gidea Park station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Netherpark Drive, Romford, 55.2% of property is privately owned outright and 40.3% 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 22, Netherpark Drive, Romford, 16.4% of residents are recorded as possessing school level qualifications and 27.6% 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 22, Netherpark Drive, Romford, the average age was 44 and the most common age was 57.
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 22, Netherpark Drive, Romford, 1.1% 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 22, Netherpark Drive, Romford, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.