According to the public record, 38, Playfield Avenue, Romford is a early-century freehold house with 764 ft2 of internal area and sits on a 283 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Playfield Avenue, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
38, Playfield Avenue, Romford has 2 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated February 2022.
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 Playfield Avenue Romford as £393,268 and the rental value as £1,833 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 38 Playfield Avenue Romford has decreased by £7,251 (1.8%) and its rental value has increased by £93 per month (5.1%).
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, Playfield Avenue, Romford is in very good condition we estimate a sale value of £412,932 and rental value of £1,925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,739 and a rental value of £1,705 per month.
If you were able to purchase this property for the estimated value of £393,268, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,933 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, Playfield Avenue, Romford sits on a plot of 283m2.
We have plot size data on 12 out of 21 other houses in the postcode and 38, Playfield Avenue, Romford sits on the 7th largest plot.
According to HM Land Registry, 38, Playfield Avenue, Romford was last sold on 18 May 2022 for £408,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Playfield Avenue, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 15, Lynton Avenue, Romford, RM7 8NR, a Freehold house which sold for £420,000 in Nov 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Playfield Avenue, Romford, RM5 has a total of 48 addresses. According to our analysis of all the public data, 38, Playfield Avenue, Romford is the 20th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in RM5.
38, Playfield Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2022.
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, Playfield Avenue, Romford is Romford station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Playfield Avenue, Romford, 40.8% of property is privately owned outright and 32.3% 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, Playfield Avenue, Romford, 17.4% of residents are recorded as possessing school level qualifications and 24.4% 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, Playfield Avenue, Romford, the average age was 40.2 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 38, Playfield Avenue, 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 38, Playfield Avenue, 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.