According to the public record, 34, Rodney Way, Romford is a modern freehold house with 775 ft2 of internal area and sits on a 139 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rodney Way, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
34, Rodney Way, Romford has a single entry in the Land Registry database from August 2014 and a single entry in the EPC database dated February 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 34 Rodney Way Romford as £358,326 and the rental value as £1,848 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 34 Rodney Way Romford has decreased by £5,129 (1.4%) and its rental value has increased by £102 per month (5.5%).
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 34, Rodney Way, Romford is in very good condition we estimate a sale value of £376,242 and rental value of £1,940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,243 and a rental value of £1,718 per month.
If you were able to purchase this property for the estimated value of £358,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,761 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, 34, Rodney Way, Romford sits on a plot of 139m2.
We have plot size data on 14 out of 31 other houses in the postcode and 34, Rodney Way, Romford sits on the 13th largest plot.
According to HM Land Registry, 34, Rodney Way, Romford was last sold on 15 Aug 2014 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2014, the market for similar properties has risen 50.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Rodney Way, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 149, Lynton Avenue, Romford, RM7 8NB, a Freehold house which sold for £420,000 in Oct 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rodney Way, Romford, RM7 has a total of 62 addresses. According to our analysis of all the public data, 34, Rodney Way, Romford is the 20th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in RM7.
34, Rodney Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 34, Rodney Way, Romford is Romford station which is 2.9 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 34, Rodney Way, Romford, 31.9% of property is privately owned with a mortgage and 29.7% 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 34, Rodney Way, Romford, 20.5% of residents are recorded as possessing school level qualifications and 21.2% 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 34, Rodney Way, Romford, the average age was 39.2 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 34, Rodney Way, 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 34, Rodney Way, 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.