According to the public record, 39, Cross Road, Romford is a early-century freehold house with 1,259 ft2 of internal area and sits on a 435 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cross Road, Mawneys, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
39, Cross Road, Romford has 21 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated March 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 39 Cross Road Romford as £506,871 and the rental value as £2,250 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 39 Cross Road Romford has decreased by £11,074 (2.2%) and its rental value has increased by £80 per month (3.6%).
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 39, Cross Road, Romford is in very good condition we estimate a sale value of £532,214 and rental value of £2,363 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £471,390 and a rental value of £2,093 per month.
If you were able to purchase this property for the estimated value of £506,871, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,491 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, 39, Cross Road, Romford sits on a plot of 435m2.
We have plot size data on 24 out of 38 other houses in the postcode and 39, Cross Road, Romford sits on the 5th largest plot.
According to HM Land Registry, 39, Cross Road, Romford was last sold on 12 Dec 2017 for £453,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2017, the market for similar properties has risen 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Cross Road, Romford within a radius of 780 metres over the last 2 years.
The most recent example is 94, Essex Road, Romford, RM7 8AX, a Freehold house which sold for £465,000 in Feb 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Road, Mawneys, Romford, RM7 has a total of 247 addresses. According to our analysis of all the public data, 39, Cross Road, Romford is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in RM7.
39, Cross Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 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 39, Cross Road, Romford is Romford station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 39, Cross Road, Romford, 42.1% of property is privately owned with a mortgage and 34.1% 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 39, Cross Road, Romford, 24.2% of residents are recorded as possessing school level qualifications and 27.2% 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 39, Cross 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 39, Cross Road, Romford, 0.8% 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 39, Cross Road, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.