According to the public record, 4, David Terrace, Romford is a early-century house with 893 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
David Terrace, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
4, David Terrace, Romford has no records in the Land Registry database and a single entry in the EPC database dated January 2016.
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 4 David Terrace Romford as £407,605 and the rental value as £1,909 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 4 David Terrace Romford has decreased by £7,765 (1.9%) and its rental value has increased by £75 per month (3.9%).
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 4, David Terrace, Romford is in very good condition we estimate a sale value of £427,986 and rental value of £2,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,073 and a rental value of £1,776 per month.
If you were able to purchase this property for the estimated value of £407,605, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,003 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, 4, David Terrace, Romford sits on a plot of 231m2.
We have plot size data on 5 out of 6 other houses in the postcode and 4, David Terrace, Romford sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, David Terrace, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 77, Halidon Rise, Romford, RM3 0YL, a Freehold house which sold for £436,000 in Jul 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
David Terrace, Romford, RM3 has a total of 6 addresses. According to our analysis of all the public data, 4, David Terrace, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £47k more expensive than the average property in RM3.
4, David Terrace, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 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 4, David Terrace, Romford is Harold Wood station which is 1.0 kilometres 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 4, David Terrace, Romford, 46.3% of property is privately owned outright and 35.5% 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 4, David Terrace, Romford, 18.2% of residents are recorded as possessing school level qualifications and 22.5% 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 4, David Terrace, Romford, the average age was 40.7 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 4, David Terrace, Romford, 1.8% 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 4, David Terrace, 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.