According to the public record, 221, Highfield Road, Romford is a mid-century freehold house with 861 ft2 of internal area and sits on a 395 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Highfield Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
221, Highfield Road, Romford has 2 entries in the Land Registry database, most recently in May 2014 and a single entry in the EPC database dated November 2013.
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 221 Highfield Road Romford as £383,474 and the rental value as £1,899 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 221 Highfield Road Romford has decreased by £5,943 (1.5%) and its rental value has increased by £104 per month (5.5%).
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 221, Highfield Road, Romford is in very good condition we estimate a sale value of £402,648 and rental value of £1,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,631 and a rental value of £1,766 per month.
If you were able to purchase this property for the estimated value of £383,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,885 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, 221, Highfield Road, Romford sits on a plot of 395m2.
We have plot size data on 10 out of 14 other houses in the postcode and 221, Highfield Road, Romford sits on the largest plot.
According to HM Land Registry, 221, Highfield Road, Romford was last sold on 20 May 2014 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2014, the market for similar properties has risen 57.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 221, Highfield Road, Romford within a radius of 620 metres over the last 2 years.
The most recent example is 238, Highfield Road, Romford, RM5 3AW, a Freehold house which sold for £455,000 in May 2022.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highfield Road, Romford, RM5 has a total of 257 addresses. According to our analysis of all the public data, 221, Highfield Road, Romford is the 114th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in RM5.
221, Highfield Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2013.
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 221, Highfield Road, Romford is Gidea Park station which is 3.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 221, Highfield Road, Romford, 46.8% of property is privately owned outright and 30.2% 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 221, Highfield Road, Romford, 12.5% of residents are recorded as possessing school level qualifications and 23.8% 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 221, Highfield Road, Romford, the average age was 38.8 and the most common age was 37.
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 221, Highfield Road, Romford, 0.5% 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 221, Highfield Road, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.