According to the public record, 26, The Mount, Romford is a mid-century freehold house with 1,216 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Mount, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
26, The Mount, Romford has 41 entries in the Land Registry database, most recently in February 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 26 The Mount Romford as £607,703 and the rental value as £2,446 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 26 The Mount Romford has decreased by £16,425 (2.7%) and its rental value has increased by £78 per month (3.2%).
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 26, The Mount, Romford is in very good condition we estimate a sale value of £638,088 and rental value of £2,569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £565,163 and a rental value of £2,275 per month.
If you were able to purchase this property for the estimated value of £607,703, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,987 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, 26, The Mount, Romford sits on a plot of 376m2.
We have plot size data on 25 out of 55 other houses in the postcode and 26, The Mount, Romford sits on the 20th largest plot.
According to HM Land Registry, 26, The Mount, Romford was last sold on 05 Feb 2021 for £550,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2021, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, The Mount, Romford within a radius of 760 metres over the last 2 years.
The most recent example is Goran, Noak Hill Road, Romford, RM3 7LL, a Freehold house which sold for £452,500 in Dec 2022.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Mount, Romford, RM3 has a total of 56 addresses. According to our analysis of all the public data, 26, The Mount, Romford is the 14th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £247k more expensive than the average property in RM3.
26, The Mount, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 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 26, The Mount, Romford is Harold Wood station which is 2.9 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 26, The Mount, Romford, 74.1% of property is privately owned outright and 16.0% 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 26, The Mount, Romford, 8.5% of residents are recorded as possessing school level qualifications and 14.1% 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 26, The Mount, Romford, the average age was 38.4 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 26, The Mount, Romford, 0.0% 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 26, The Mount, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.