According to the public record, 305, Havering Road, Romford is a mid-century house with 968 ft2 of internal area and sits on a 194 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Havering Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
305, Havering Road, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2019.
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 305 Havering Road Romford as £416,709 and the rental value as £2,174 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 305 Havering Road Romford has decreased by £4,645 (1.1%) and its rental value has increased by £127 per month (5.9%).
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 305, Havering Road, Romford is in very good condition we estimate a sale value of £437,544 and rental value of £2,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,539 and a rental value of £2,022 per month.
If you were able to purchase this property for the estimated value of £416,709, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,048 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, 305, Havering Road, Romford sits on a plot of 194m2.
We have plot size data on 11 out of 20 other houses in the postcode and 305, Havering Road, Romford sits on the 11th largest plot.
According to HM Land Registry, 305, Havering Road, Romford was last sold on 15 Oct 1998 for £76,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 305, Havering Road, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 8, Tweed Glen, Romford, RM1 4BQ, a Freehold house which sold for £490,000 in May 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Havering Road, Romford, RM1 has a total of 433 addresses. According to our analysis of all the public data, 305, Havering Road, Romford is the 211th largest and the 249th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in RM1.
305, Havering Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 305, Havering Road, Romford is Romford station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 305, Havering Road, Romford, 33.3% of property is privately owned with a mortgage and 31.9% 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 305, Havering Road, Romford, 23.8% of residents are recorded as possessing school level qualifications and 19.2% 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 305, Havering Road, 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 305, Havering Road, 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 305, Havering 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.