According to the public record, 22, Saffron Road, Romford is a early-century freehold house with 893 ft2 of internal area and sits on a 456 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Saffron Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
22, Saffron Road, Romford has 31 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated August 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 Saffron Road Romford as £399,764 and the rental value as £1,885 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 22 Saffron Road Romford has decreased by £5,367 (1.3%) and its rental value has increased by £100 per month (5.3%).
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, Saffron Road, Romford is in very good condition we estimate a sale value of £419,752 and rental value of £1,979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,781 and a rental value of £1,753 per month.
If you were able to purchase this property for the estimated value of £399,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,965 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, Saffron Road, Romford sits on a plot of 456m2.
We have plot size data on 18 out of 33 other houses in the postcode and 22, Saffron Road, Romford sits on the largest plot.
According to HM Land Registry, 22, Saffron Road, Romford was last sold on 26 Apr 2021 for £387,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Saffron Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 15, Horndon Road, Romford, RM5 3EP, a Freehold house which sold for £400,000 in Nov 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saffron Road, Romford, RM5 has a total of 33 addresses. According to our analysis of all the public data, 22, Saffron Road, Romford is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in RM5.
22, Saffron Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 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, Saffron Road, Romford is Romford station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Saffron Road, Romford, 49.2% of property is privately owned outright and 38.3% 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, Saffron Road, Romford, 19.3% of residents are recorded as possessing school level qualifications and 22.4% 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, Saffron Road, Romford, the average age was 40.2 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, Saffron Road, Romford, 2.6% 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, Saffron Road, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.