According to the public record, 32, Carlisle Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 686 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Carlisle Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
32, Carlisle Road, Romford has 61 entries in the Land Registry database, most recently in June 2020 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 32 Carlisle Road Romford as £344,463 and the rental value as £1,848 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 32 Carlisle Road Romford has decreased by £460 (0.1%) and its rental value has increased by £109 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 32, Carlisle Road, Romford is in very good condition we estimate a sale value of £361,686 and rental value of £1,940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,350 and a rental value of £1,719 per month.
If you were able to purchase this property for the estimated value of £344,463, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,693 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, 32, Carlisle Road, Romford was last sold on 19 Jun 2020 for £275,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Jun 2020, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Carlisle Road, Romford within a radius of 410 metres over the last 2 years.
The most recent example is 32, Milton Road, Romford, RM1 2QA, a Freehold house which sold for £325,000 in May 2021.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carlisle Road, Romford, RM1 has a total of 91 addresses. According to our analysis of all the public data, 32, Carlisle Road, Romford is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in RM1.
The closest station to 32, Carlisle Road, Romford is Gidea Park station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, Carlisle Road, Romford, 36.6% of property is privately owned with a mortgage and 30.1% 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 32, Carlisle Road, Romford, 18.2% of residents are recorded as possessing school level qualifications and 39.5% 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 32, Carlisle Road, Romford, the average age was 36.6 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 32, Carlisle Road, Romford, 1.2% 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 32, Carlisle Road, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.