According to the public record, 27, Lawns Way, Romford is a early-century house with 1,399 ft2 of internal area and sits on a 234 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lawns Way, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
27, Lawns Way, Romford has no records in the Land Registry database and a single entry in the EPC database dated October 2023.
We combine this information with public data 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 27 Lawns Way Romford as £583,843 and the rental value as £2,306 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 27 Lawns Way Romford has decreased by £19,147 (3.3%) and its rental value has increased by £85 per month (3.7%).
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 27, Lawns Way, Romford is in very good condition we estimate a sale value of £613,035 and rental value of £2,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,974 and a rental value of £2,144 per month.
If you were able to purchase this property for the estimated value of £583,843, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,869 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, 27, Lawns Way, Romford sits on a plot of 234m2.
We have plot size data on 14 out of 30 other houses in the postcode and 27, Lawns Way, Romford sits on the 14th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Lawns Way, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 59, Mashiters Hill, Romford, RM1 4TP, a Freehold house which sold for £628,500 in Jan 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lawns Way, Romford, RM5 has a total of 104 addresses. According to our analysis of all the public data, 27, Lawns Way, Romford is the 3rd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £192k more expensive than the average property in RM5.
27, Lawns Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2023.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 27, Lawns Way, Romford is Romford station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Lawns Way, Romford, 46.3% of property is privately owned with a mortgage and 42.3% 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 27, Lawns Way, Romford, 18.4% of residents are recorded as possessing school level qualifications and 24.8% 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 27, Lawns Way, Romford, the average age was 40.2 and the most common age was 42.
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 27, Lawns Way, Romford, 0.3% 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 27, Lawns Way, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.