According to the public record, 36, Meadow Road, Romford is a early-century house with 850 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meadow Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
36, Meadow Road, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2020.
We combine this information with public data 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 36 Meadow Road Romford as £358,236 and the rental value as £1,901 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 36 Meadow Road Romford has decreased by £793 (0.2%) and its rental value has increased by £100 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 36, Meadow Road, Romford is in very good condition we estimate a sale value of £376,148 and rental value of £1,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,160 and a rental value of £1,768 per month.
If you were able to purchase this property for the estimated value of £358,236, 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, 36, Meadow Road, Romford sits on a plot of 277m2.
We have plot size data on 8 out of 27 other houses in the postcode and 36, Meadow Road, Romford sits on the 3rd largest plot.
According to HM Land Registry, 36, Meadow Road, Romford was last sold on 29 Jul 2002 for £94,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Meadow Road, Romford within a radius of 770 metres over the last 2 years.
The most recent example is 433, Rush Green Road, Romford, RM7 0NH, a Freehold house which sold for £361,000 in Feb 2021.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Road, Romford, RM7 has a total of 70 addresses. According to our analysis of all the public data, 36, Meadow Road, Romford is the 22nd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in RM7.
36, Meadow Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2020.
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 36, Meadow 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 36, Meadow 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 36, Meadow 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 36, Meadow 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 36, Meadow 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 36, Meadow 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.