According to the public record, 3, Second Avenue, Romford is a mid-century freehold house with 1,216 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Second Avenue, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
3, Second Avenue, Romford has 21 entries in the Land Registry database, most recently in September 2011 and a single entry in the EPC database dated May 2024.
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 Second Avenue Romford as £673,401 and the rental value as £2,436 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 3 Second Avenue Romford has decreased by £9,833 (1.5%) and its rental value has increased by £79 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 3, Second Avenue, Romford is in very good condition we estimate a sale value of £707,071 and rental value of £2,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £626,263 and a rental value of £2,265 per month.
If you were able to purchase this property for the estimated value of £673,401, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,310 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, Second Avenue, Romford sits on a plot of 406m2.
We have plot size data on 1 out of 4 other houses in the postcode and 3, Second Avenue, Romford sits on the largest plot.
According to HM Land Registry, 3, Second Avenue, Romford was last sold on 02 Sep 2011 for £305,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2011, the market for similar properties has risen 80.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Second Avenue, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 5, Rochford Avenue, Romford, RM6 5DL, a Freehold house which sold for £505,000 in Nov 2020.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Second Avenue, Romford, RM6 has a total of 4 addresses. According to our analysis of all the public data, 3, Second Avenue, Romford is the 4th largest and the most expensive property on the street.
When compared to the postcode district it is £299k more expensive than the average property in RM6.
3, Second Avenue, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2024.
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, Second Avenue, Romford is Chadwell Heath station which is 1.3 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 3, Second Avenue, Romford, 60.0% of property is privately owned with a mortgage and 32.9% 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 3, Second Avenue, Romford, 28.0% of residents are recorded as possessing school level qualifications and 42.3% 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, Second Avenue, Romford, the average age was 40.6 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 3, Second Avenue, Romford, 0.4% 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, Second Avenue, 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.