According to the public record, 3, Annan Way, Romford is a early-century freehold house with 1,237 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Annan Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
3, Annan Way, Romford has 31 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated November 2013.
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 3 Annan Way Romford as £520,163 and the rental value as £2,466 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 3 Annan Way Romford has decreased by £12,249 (2.4%) and its rental value has increased by £107 per month (4.3%).
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 3, Annan Way, Romford is in very good condition we estimate a sale value of £546,171 and rental value of £2,589 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £483,751 and a rental value of £2,293 per month.
If you were able to purchase this property for the estimated value of £520,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,556 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, 3, Annan Way, Romford sits on a plot of 232m2.
We have plot size data on 5 out of 6 other houses in the postcode and 3, Annan Way, Romford sits on the 5th largest plot.
According to HM Land Registry, 3, Annan Way, Romford was last sold on 08 Jul 2016 for £500,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2016, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Annan Way, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 297, Pettits Lane North, Romford, RM1 4PB, a Freehold house which sold for £525,000 in Jan 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Annan Way, Romford, RM1 has a total of 6 addresses. According to our analysis of all the public data, 3, Annan Way, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in RM1.
3, Annan Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2013.
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 3, Annan Way, Romford is Romford station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Annan Way, Romford, 62.4% of property is privately owned outright and 33.9% 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 3, Annan Way, Romford, 16.4% of residents are recorded as possessing school level qualifications and 20.5% 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 3, Annan Way, Romford, the average age was 44 and the most common age was 57.
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 3, Annan Way, 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 3, Annan Way, Romford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.