According to the public record, 4, Thorntons Farm Avenue, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 645 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Thorntons Farm Avenue, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
4, Thorntons Farm Avenue, Romford has a single entry in the Land Registry database from July 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Thorntons Farm Avenue Romford as £340,577 and the rental value as £1,699 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 4 Thorntons Farm Avenue Romford has increased by £1,226 (0.4%) and its rental value has increased by £102 per month (6.0%).
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, Thorntons Farm Avenue, Romford is in very good condition we estimate a sale value of £357,606 and rental value of £1,784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,737 and a rental value of £1,580 per month.
If you were able to purchase this property for the estimated value of £340,577, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,674 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 HM Land Registry, 4, Thorntons Farm Avenue, Romford was last sold on 21 Jul 2009 for £118,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2009, the market for similar properties has risen 119.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Thorntons Farm Avenue, Romford within a radius of 610 metres over the last 2 years.
The most recent example is 6, Philip Close, Romford, RM7 0XJ, a Freehold house which sold for £365,000 in Jul 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorntons Farm Avenue, Romford, RM7 has a total of 90 addresses. According to our analysis of all the public data, 4, Thorntons Farm Avenue, Romford is the 81st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in RM7.
The closest station to 4, Thorntons Farm Avenue, Romford is Dagenham East station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Thorntons Farm Avenue, Romford, 42.6% of property is privately owned with a mortgage and 25.9% 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 4, Thorntons Farm Avenue, Romford, 22.4% of residents are recorded as possessing school level qualifications and 27.6% 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, Thorntons Farm Avenue, Romford, the average age was 38.7 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, Thorntons Farm 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 4, Thorntons Farm Avenue, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.