According to the public record, 40, St. Neots Road, Romford is a modern house with 850 ft2 of internal area and sits on a 13,148 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
St. Neots Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
40, St. Neots Road, Romford has no records in the Land Registry database and a single entry in the EPC database dated April 2018.
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 40 St. Neots Road Romford as £379,466 and the rental value as £1,906 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 40 St. Neots Road Romford has decreased by £4,322 (1.1%) and its rental value has increased by £90 per month (4.7%).
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, St. Neots Road, Romford is in very good condition we estimate a sale value of £398,439 and rental value of £2,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,903 and a rental value of £1,772 per month.
If you were able to purchase this property for the estimated value of £379,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,865 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, St. Neots Road, Romford sits on a plot of 13148m2.
We have plot size data on 10 out of 22 other houses in the postcode and 40, St. Neots Road, Romford sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, St. Neots Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 53, St. Neots Road, Romford, RM3 9LT, a Freehold house which sold for £340,000 in Feb 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Neots Road, Romford, RM3 has a total of 78 addresses. According to our analysis of all the public data, 40, St. Neots Road, Romford is the 43rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in RM3.
40, St. Neots Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 2018.
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, St. Neots Road, Romford is Harold Wood station which is 800 metres 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 40, St. Neots Road, Romford, 39.4% of property is privately owned with a mortgage and 30.7% is socially rented.
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, St. Neots Road, Romford, 26.5% of residents are recorded as possessing school level qualifications and 25.4% 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, St. Neots Road, Romford, the average age was 35.9 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 40, St. Neots 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, St. Neots Road, 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.