According to the public record, 38, Brook Road, Romford is a mid-century freehold house with 1,237 ft2 of internal area and sits on a 623 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Brook Road, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
38, Brook Road, Romford has 21 entries in the Land Registry database, most recently in May 2013 and a single entry in the EPC database dated April 2009.
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 38 Brook Road Romford as £683,271 and the rental value as £2,763 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 38 Brook Road Romford has decreased by £18,683 (2.7%) and its rental value has increased by £91 per month (3.3%).
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 38, Brook Road, Romford is in very good condition we estimate a sale value of £717,435 and rental value of £2,901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £635,442 and a rental value of £2,570 per month.
If you were able to purchase this property for the estimated value of £683,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,358 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, 38, Brook Road, Romford sits on a plot of 623m2.
We have plot size data on 14 out of 26 other houses in the postcode and 38, Brook Road, Romford sits on the 4th largest plot.
According to HM Land Registry, 38, Brook Road, Romford was last sold on 17 May 2013 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2013, the market for similar properties has risen 60.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Brook Road, Romford within a radius of 890 metres over the last 2 years.
The most recent example is 4, Park Boulevard, Romford, RM2 5RB, a Freehold house which sold for £585,000 in Apr 2024.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Road, Romford, RM2 has a total of 46 addresses. According to our analysis of all the public data, 38, Brook Road, Romford is the 38th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in RM2.
38, Brook Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2009.
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 38, Brook Road, Romford is Gidea Park station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Brook Road, Romford, 47.3% of property is privately owned outright and 44.5% 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 38, Brook Road, Romford, 12.7% of residents are recorded as possessing school level qualifications and 32.3% 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 38, Brook Road, Romford, the average age was 44 and the most common age was 57.
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 38, Brook Road, Romford, 1.6% 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 38, Brook Road, Romford, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.