According to the public record, 24, Strood Avenue, Romford is a early-century freehold house with 818 ft2 of internal area and sits on a 269 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Strood Avenue, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
24, Strood Avenue, Romford has a single entry in the Land Registry database from March 2013 and a single entry in the EPC database dated August 2012.
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 24 Strood Avenue Romford as £403,876 and the rental value as £1,915 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 24 Strood Avenue Romford has decreased by £2,762 (0.7%) and its rental value has increased by £93 per month (4.9%).
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 24, Strood Avenue, Romford is in very good condition we estimate a sale value of £424,070 and rental value of £2,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,605 and a rental value of £1,781 per month.
If you were able to purchase this property for the estimated value of £403,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,985 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, 24, Strood Avenue, Romford sits on a plot of 269m2.
We have plot size data on 20 out of 33 other houses in the postcode and 24, Strood Avenue, Romford sits on the 5th largest plot.
According to HM Land Registry, 24, Strood Avenue, Romford was last sold on 12 Mar 2013 for £203,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2013, the market for similar properties has risen 84.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Strood Avenue, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 43, Horace Avenue, Romford, RM7 0UP, a Freehold house which sold for £447,000 in Nov 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Strood Avenue, Romford, RM7 has a total of 33 addresses. According to our analysis of all the public data, 24, Strood Avenue, Romford is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in RM7.
24, Strood Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2012.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 24, Strood Avenue, Romford is Elm Park station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Strood Avenue, Romford, 43.7% of property is privately owned with a mortgage and 39.7% is privately owned outright.
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 24, Strood Avenue, Romford, 20.6% 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 24, Strood Avenue, Romford, the average age was 38.7 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 24, Strood Avenue, Romford, 0.8% 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 24, Strood Avenue, 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.