According to the public record, 3, Philip Avenue, Romford is a early-century house with 1,090 ft2 of internal area and sits on a 326 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Philip Avenue, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
3, Philip Avenue, Romford has no records in the Land Registry database and a single entry in the EPC database dated August 2011.
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 3 Philip Avenue Romford as £476,950 and the rental value as £2,204 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 3 Philip Avenue Romford has decreased by £9,078 (1.9%) and its rental value has increased by £79 per month (3.6%).
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, Philip Avenue, Romford is in very good condition we estimate a sale value of £500,797 and rental value of £2,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £443,563 and a rental value of £2,050 per month.
If you were able to purchase this property for the estimated value of £476,950, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,344 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, Philip Avenue, Romford sits on a plot of 326m2.
We have plot size data on 9 out of 13 other houses in the postcode and 3, Philip Avenue, Romford sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Philip Avenue, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 12, Horace Avenue, Romford, RM7 0XA, a Freehold house which sold for £485,000 in Mar 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Philip Avenue, Romford, RM7 has a total of 62 addresses. According to our analysis of all the public data, 3, Philip Avenue, Romford is the 27th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in RM7.
3, Philip Avenue, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Aug 2011.
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, Philip Avenue, Romford is Romford station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Philip Avenue, Romford, 43.4% of property is privately owned outright and 34.5% 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, Philip Avenue, Romford, 18.4% of residents are recorded as possessing school level qualifications and 27.5% 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, Philip Avenue, Romford, the average age was 38.7 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 3, Philip Avenue, Romford, 1.0% 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, Philip Avenue, 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.