According to the public record, 4, Marks Road, Romford is a modern house with 775 ft2 of internal area and sits on a 135 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marks Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
4, Marks Road, Romford has no records in the Land Registry database and a single entry in the EPC database dated January 2024.
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 Marks Road Romford as £408,698 and the rental value as £1,886 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 4 Marks Road Romford has decreased by £3,335 (0.8%) and its rental value has increased by £95 per month (5.0%).
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, Marks Road, Romford is in very good condition we estimate a sale value of £429,132 and rental value of £1,980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,089 and a rental value of £1,754 per month.
If you were able to purchase this property for the estimated value of £408,698, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,009 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, Marks Road, Romford sits on a plot of 135m2.
We have plot size data on 7 out of 8 other houses in the postcode and 4, Marks Road, Romford sits on the 7th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Marks Road, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 1A, Olive Street, Romford, RM7 7DS, a Freehold house which sold for £415,000 in Jan 2021.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marks Road, Romford, RM7 has a total of 225 addresses. According to our analysis of all the public data, 4, Marks Road, Romford is the 97th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in RM7.
4, Marks Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jan 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 4, Marks Road, Romford is Romford station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Marks Road, Romford, 37.4% of property is privately rented and 31.3% 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 4, Marks Road, Romford, 17.3% of residents are recorded as possessing school level qualifications and 39.0% 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, Marks Road, Romford, the average age was 37 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, Marks Road, Romford, 1.2% 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, Marks 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.