According to the public record, 244, Victoria Road, Romford is a mid-century freehold house with 764 ft2 of internal area and sits on a 143 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Victoria Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
244, Victoria Road, Romford has 31 entries in the Land Registry database, most recently in April 2012 and a single entry in the EPC database dated October 2023.
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 244 Victoria Road Romford as £352,298 and the rental value as £1,893 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 244 Victoria Road Romford has decreased by £470 (0.1%) and its rental value has increased by £112 per month (5.9%).
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 244, Victoria Road, Romford is in very good condition we estimate a sale value of £369,913 and rental value of £1,988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,637 and a rental value of £1,761 per month.
If you were able to purchase this property for the estimated value of £352,298, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,731 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, 244, Victoria Road, Romford sits on a plot of 143m2.
We have plot size data on 4 out of 7 other houses in the postcode and 244, Victoria Road, Romford sits on the 3rd largest plot.
According to HM Land Registry, 244, Victoria Road, Romford was last sold on 20 Apr 2012 for £210,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2012, the market for similar properties has risen 81.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 244, Victoria Road, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 159, Victoria Road, Romford, RM1 2LX, a Freehold house which sold for £268,500 in Apr 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road, Romford, RM1 has a total of 351 addresses. According to our analysis of all the public data, 244, Victoria Road, Romford is the 128th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in RM1.
244, Victoria Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2023.
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 244, Victoria Road, Romford is Gidea Park station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 244, Victoria Road, Romford, 34.5% of property is privately owned outright and 27.7% 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 244, Victoria Road, Romford, 23.2% of residents are recorded as possessing school level qualifications and 33.5% 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 244, Victoria Road, Romford, the average age was 36.6 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 244, Victoria Road, Romford, 0.7% 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 244, Victoria Road, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.