According to the public record, 3, Silvermere Avenue, Romford is a early-century freehold house with 1,076 ft2 of internal area and sits on a 378 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Silvermere Avenue, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
3, Silvermere Avenue, Romford has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Silvermere Avenue Romford as £505,400 and the rental value as £2,163 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 3 Silvermere Avenue Romford has decreased by £14,387 (2.8%) and its rental value has increased by £89 per month (4.1%).
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, Silvermere Avenue, Romford is in very good condition we estimate a sale value of £530,671 and rental value of £2,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,022 and a rental value of £2,012 per month.
If you were able to purchase this property for the estimated value of £505,400, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,484 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, Silvermere Avenue, Romford sits on a plot of 378m2.
We have plot size data on 4 out of 7 other houses in the postcode and 3, Silvermere Avenue, Romford sits on the 3rd largest plot.
According to HM Land Registry, 3, Silvermere Avenue, Romford was last sold on 28 Jan 2019 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Silvermere Avenue, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 4, Hunters Grove, Romford, RM5 2UJ, a Freehold house which sold for £465,000 in Jan 2024.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silvermere Avenue, Romford, RM5 has a total of 52 addresses. According to our analysis of all the public data, 3, Silvermere Avenue, Romford is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £113k more expensive than the average property in RM5.
3, Silvermere Avenue, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 2022.
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, Silvermere Avenue, Romford is Romford station which is 3.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Silvermere Avenue, Romford, 44.2% of property is privately owned with a mortgage and 41.7% 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, Silvermere Avenue, Romford, 24.8% of residents are recorded as possessing school level qualifications and 26.1% 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 3, Silvermere Avenue, Romford, the average age was 38.8 and the most common age was 37.
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, Silvermere Avenue, 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, Silvermere Avenue, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.