241, Straight Road, Romford has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated August 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 241, Straight Road, Romford is in very good condition we estimate a sale value of £439,107 and rental value of £2,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,923 and a rental value of £1,944 per month.
If you were able to purchase this property for the estimated value of £418,197, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,055 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, 241, Straight Road, Romford sits on a plot of 229m2.
We have plot size data on 15 out of 21 other houses in the postcode and 241, Straight Road, Romford sits on the 14th largest plot.
According to HM Land Registry, 241, Straight Road, Romford was last sold on 23 Dec 2009 for £184,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 95.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 241, Straight Road, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 12, Sheridan Close, Romford, RM3 7EX, a Freehold house which sold for £425,000 in Oct 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Straight Road, Romford, RM3 has a total of 384 addresses. According to our analysis of all the public data, 241, Straight Road, Romford is the 25th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in RM3.
241, Straight Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 241, Straight Road, Romford is a early-century freehold house with 1,163 ft2 of internal area and sits on a 229 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Straight Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 241 Straight Road Romford as £418,197 and the rental value as £2,090 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 241 Straight Road Romford has decreased by £8,796 (2.1%) and its rental value has increased by £80 per month (3.8%).
The closest station to 241, Straight Road, Romford is Harold Wood station which is 1.9 kilometres 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 241, Straight Road, Romford, 46.7% of property is privately owned with a mortgage and 22.6% 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 241, Straight Road, Romford, 29.8% of residents are recorded as possessing school level qualifications and 36.0% 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 241, Straight Road, Romford, the average age was 37.6 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 241, Straight Road, Romford, 0.2% 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 241, Straight Road, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.