According to the public record, 22, Railway Street, Romford is a period freehold house with 947 ft2 of internal area and sits on a 8,951 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Railway Street, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
22, Railway Street, Romford has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated July 2020.
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 22 Railway Street Romford as £388,592 and the rental value as £2,069 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 22 Railway Street Romford has decreased by £865 (0.2%) and its rental value has increased by £93 per month (4.5%).
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 22, Railway Street, Romford is in very good condition we estimate a sale value of £408,022 and rental value of £2,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,390 and a rental value of £1,924 per month.
If you were able to purchase this property for the estimated value of £388,592, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,910 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, 22, Railway Street, Romford sits on a plot of 8951m2.
We have plot size data on 11 out of 18 other houses in the postcode and 22, Railway Street, Romford sits on the largest plot.
According to HM Land Registry, 22, Railway Street, Romford was last sold on 31 Mar 2021 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Railway Street, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 18, Overton Drive, Romford, RM6 4EH, a Freehold house which sold for £465,000 in Mar 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Railway Street, Romford, RM6 has a total of 18 addresses. According to our analysis of all the public data, 22, Railway Street, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in RM6.
22, Railway Street, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 2020.
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 22, Railway Street, Romford is Chadwell Heath station which is 500 metres 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 22, Railway Street, Romford, 35.6% of property is socially rented and 30.8% 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 22, Railway Street, Romford, 29.8% of residents are recorded as possessing school level qualifications and 37.3% 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 22, Railway Street, Romford, the average age was 40.6 and the most common age was 42.
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, Railway Street, 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 22, Railway Street, Romford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.