According to the public record, 335, London Road, Romford is a early-century freehold house with 893 ft2 of internal area and sits on a 345 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
London Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
335, London Road, Romford has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated April 2022.
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 335 London Road Romford as £423,730 and the rental value as £2,016 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 335 London Road Romford has decreased by £3,192 (0.8%) and its rental value has increased by £96 per month (4.7%).
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 335, London Road, Romford is in very good condition we estimate a sale value of £444,916 and rental value of £2,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,069 and a rental value of £1,875 per month.
If you were able to purchase this property for the estimated value of £423,730, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,083 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, 335, London Road, Romford sits on a plot of 345m2.
We have plot size data on 14 out of 30 other houses in the postcode and 335, London Road, Romford sits on the 4th largest plot.
According to HM Land Registry, 335, London Road, Romford was last sold on 08 Aug 2022 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 335, London Road, Romford within a radius of 770 metres over the last 2 years.
The most recent example is 333, London Road, Romford, RM7 9NS, a Freehold house which sold for £460,000 in Apr 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Romford, RM7 has a total of 479 addresses. According to our analysis of all the public data, 335, London Road, Romford is the 71st largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in RM7.
335, London Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 335, London Road, Romford is Romford station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 335, London Road, Romford, 35.3% of property is privately owned outright and 35.3% 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 335, London Road, Romford, 23.2% of residents are recorded as possessing school level qualifications and 30.7% 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 335, London Road, 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 335, London 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 335, London Road, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.