According to the public record, 40, Helmsdale Road, Romford is a mid-century freehold house with 1,819 ft2 of internal area and sits on a 423 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Helmsdale Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
40, Helmsdale Road, Romford has 21 entries in the Land Registry database, most recently in July 2011 and a single entry in the EPC database dated August 2019.
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 40 Helmsdale Road Romford as £617,239 and the rental value as £2,975 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 40 Helmsdale Road Romford has decreased by £20,748 (3.4%) and its rental value has increased by £98 per month (3.3%).
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 40, Helmsdale Road, Romford is in very good condition we estimate a sale value of £648,101 and rental value of £3,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,032 and a rental value of £2,767 per month.
If you were able to purchase this property for the estimated value of £617,239, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,034 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, 40, Helmsdale Road, Romford sits on a plot of 423m2.
We have plot size data on 16 out of 36 other houses in the postcode and 40, Helmsdale Road, Romford sits on the 2nd largest plot.
According to HM Land Registry, 40, Helmsdale Road, Romford was last sold on 28 Jul 2011 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2011, the market for similar properties has risen 83.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Helmsdale Road, Romford within a radius of 750 metres over the last 2 years.
The most recent example is 24, Helmsdale Close, Romford, RM1 4RS, a Freehold house which sold for £675,000 in Feb 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Helmsdale Road, Romford, RM1 has a total of 62 addresses. According to our analysis of all the public data, 40, Helmsdale Road, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £223k more expensive than the average property in RM1.
40, Helmsdale Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Aug 2019.
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 40, Helmsdale Road, Romford is Gidea Park station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Helmsdale Road, Romford, 49.0% of property is privately owned outright and 44.2% 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 40, Helmsdale Road, Romford, 20.4% of residents are recorded as possessing school level qualifications and 26.7% 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 40, Helmsdale Road, Romford, the average age was 44 and the most common age was 57.
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 40, Helmsdale Road, 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 40, Helmsdale Road, Romford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.