According to the public record, 38, Mildmay Road, Romford is a period freehold house with 979 ft2 of internal area and sits on a 228 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mildmay Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
38, Mildmay Road, Romford has 21 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated January 2016.
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 Mildmay Road Romford as £415,611 and the rental value as £2,045 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 38 Mildmay Road Romford has decreased by £2,631 (0.6%) and its rental value has increased by £101 per month (4.9%).
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, Mildmay Road, Romford is in very good condition we estimate a sale value of £436,392 and rental value of £2,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,518 and a rental value of £1,902 per month.
If you were able to purchase this property for the estimated value of £415,611, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,043 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, Mildmay Road, Romford sits on a plot of 228m2.
We have plot size data on 18 out of 25 other houses in the postcode and 38, Mildmay Road, Romford sits on the 14th largest plot.
According to HM Land Registry, 38, Mildmay Road, Romford was last sold on 27 May 2016 for £365,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Mildmay Road, Romford within a radius of 420 metres over the last 2 years.
The most recent example is 153, Marks Road, Romford, RM7 7AF, a Freehold house which sold for £315,000 in Oct 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mildmay Road, Romford, RM7 has a total of 136 addresses. According to our analysis of all the public data, 38, Mildmay Road, Romford is the 58th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in RM7.
38, Mildmay Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2016.
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, Mildmay Road, Romford is Romford station which is 800 metres 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 38, Mildmay Road, Romford, 35.8% of property is privately owned with a mortgage and 26.3% is privately owned outright.
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, Mildmay Road, Romford, 22.0% of residents are recorded as possessing school level qualifications and 34.1% 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, Mildmay Road, Romford, the average age was 38.3 and the most common age was 37.
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, Mildmay Road, Romford, 1.3% 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, Mildmay Road, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.