According to the public record, 317, Crow Lane, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,099 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Crow Lane, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
317, Crow Lane, Romford has a single entry in the Land Registry database from September 2017 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 317 Crow Lane Romford as £474,287 and the rental value as £2,193 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 317 Crow Lane Romford has decreased by £7,343 (1.5%) and its rental value has increased by £85 per month (3.9%).
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 317, Crow Lane, Romford is in very good condition we estimate a sale value of £498,001 and rental value of £2,302 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,087 and a rental value of £2,039 per month.
If you were able to purchase this property for the estimated value of £474,287, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,331 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, 317, Crow Lane, Romford was last sold on 01 Sep 2017 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 317, Crow Lane, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 308, Crow Lane, Romford, RM7 0HJ, a Freehold house which sold for £450,000 in Jun 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crow Lane, Romford, RM7 has a total of 233 addresses. According to our analysis of all the public data, 317, Crow Lane, Romford is the 78th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in RM7.
The closest station to 317, Crow Lane, 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 317, Crow Lane, Romford, 36.8% of property is privately rented and 35.4% 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 317, Crow Lane, Romford, 20.6% of residents are recorded as possessing school level qualifications and 29.8% 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 317, Crow Lane, Romford, the average age was 35.1 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 317, Crow Lane, 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 317, Crow Lane, 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.