According to the public record, 348, Rush Green Road, Romford is a mid-century freehold house with 764 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rush Green Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
348, Rush Green Road, Romford has a single entry in the Land Registry database from December 2023 and a single entry in the EPC database dated June 2023.
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 348 Rush Green Road Romford as £356,554 and the rental value as £1,887 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 348 Rush Green Road Romford has decreased by £790 (0.2%) and its rental value has increased by £99 per month (5.3%).
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 348, Rush Green Road, Romford is in very good condition we estimate a sale value of £374,382 and rental value of £1,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,595 and a rental value of £1,755 per month.
If you were able to purchase this property for the estimated value of £356,554, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,752 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, 348, Rush Green Road, Romford sits on a plot of 218m2.
We have plot size data on 10 out of 21 other houses in the postcode and 348, Rush Green Road, Romford sits on the 7th largest plot.
According to HM Land Registry, 348, Rush Green Road, Romford was last sold on 12 Dec 2023 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 348, Rush Green Road, Romford within a radius of 820 metres over the last 2 years.
The most recent example is 86, Bellhouse Road, Romford, RM7 0LJ, a Freehold house which sold for £425,000 in Sep 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rush Green Road, Romford, RM7 has a total of 465 addresses. According to our analysis of all the public data, 348, Rush Green Road, Romford is the 316th largest and the 303rd most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in RM7.
348, Rush Green Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2023.
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 348, Rush Green Road, Romford is Romford station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 348, Rush Green Road, Romford, 37.2% of property is privately owned with a mortgage and 35.2% 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 348, Rush Green Road, Romford, 28.2% of residents are recorded as possessing school level qualifications and 27.5% 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 348, Rush Green 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 348, Rush Green Road, Romford, 0.2% 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 348, Rush Green Road, 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.