According to the public record, 33, Somerville Road, Romford is a early-century freehold house with 957 ft2 of internal area and sits on a 217 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Somerville Road, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
33, Somerville Road, Romford has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated September 2015.
We combine this information with that 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 33 Somerville Road Romford as £439,870 and the rental value as £2,064 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 33 Somerville Road Romford has decreased by £2,715 (0.6%) and its rental value has increased by £86 per month (4.2%).
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 33, Somerville Road, Romford is in very good condition we estimate a sale value of £461,864 and rental value of £2,167 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £409,080 and a rental value of £1,919 per month.
If you were able to purchase this property for the estimated value of £439,870, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,162 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, 33, Somerville Road, Romford sits on a plot of 217m2.
We have plot size data on 14 out of 31 other houses in the postcode and 33, Somerville Road, Romford sits on the 7th largest plot.
According to HM Land Registry, 33, Somerville Road, Romford was last sold on 06 Jul 2023 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 33, Somerville Road, Romford within a radius of 400 metres over the last 2 years.
The most recent example is 32, Bede Road, Romford, RM6 5RT, a Freehold house which sold for £480,000 in Jun 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerville Road, Romford, RM6 has a total of 204 addresses. According to our analysis of all the public data, 33, Somerville Road, Romford is the 69th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in RM6.
33, Somerville Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Sep 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 33, Somerville Road, Romford is Chadwell Heath station which is 900 metres 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 33, Somerville Road, Romford, 44.4% of property is privately owned outright and 40.5% 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 33, Somerville Road, Romford, 26.9% of residents are recorded as possessing school level qualifications and 36.7% 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 33, Somerville Road, Romford, the average age was 40.6 and the most common age was 42.
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 33, Somerville Road, 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 33, Somerville Road, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.