According to the public record, 30, Taunton Road, Romford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 740 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Taunton Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
30, Taunton Road, Romford has 21 entries in the Land Registry database, most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 30 Taunton Road Romford as £280,500 and the rental value as £1,485 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 30 Taunton Road Romford has decreased by £2,254 (0.8%) and its rental value has increased by £77 per month (5.2%).
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 30, Taunton Road, Romford is in very good condition we estimate a sale value of £294,525 and rental value of £1,559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,865 and a rental value of £1,381 per month.
If you were able to purchase this property for the estimated value of £280,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,379 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 HM Land Registry, 30, Taunton Road, Romford was last sold on 28 Sep 2007 for £159,999 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 57.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 30, Taunton Road, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 76, Taunton Road, Romford, RM3 7SU, a Leasehold flat which sold for £314,000 in Jun 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Taunton Road, Romford, RM3 has a total of 118 addresses. According to our analysis of all the public data, 30, Taunton Road, Romford is the 64th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in RM3.
The closest station to 30, Taunton Road, Romford is Harold Wood station which is 2.4 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 30, Taunton Road, Romford, 43.3% of property is privately owned with a mortgage and 35.3% is socially rented.
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 30, Taunton Road, Romford, 22.3% of residents are recorded as possessing school level qualifications and 23.7% 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 30, Taunton Road, Romford, the average age was 38.4 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 30, Taunton Road, Romford, 1.5% 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 30, Taunton Road, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.