According to the public record, 41, East Road, Romford is a mid-century freehold house with 979 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
East Road, Chadwell Heath, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
41, East Road, Romford has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated June 2022.
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 41 East Road Romford as £431,588 and the rental value as £2,105 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 41 East Road Romford has decreased by £1,920 (0.4%) and its rental value has increased by £91 per month (4.3%).
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 41, East Road, Romford is in very good condition we estimate a sale value of £453,168 and rental value of £2,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,377 and a rental value of £1,957 per month.
If you were able to purchase this property for the estimated value of £431,588, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,121 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, 41, East Road, Romford sits on a plot of 277m2.
We have plot size data on 14 out of 19 other houses in the postcode and 41, East Road, Romford sits on the 6th largest plot.
According to HM Land Registry, 41, East Road, Romford was last sold on 05 Dec 2022 for £440,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, East Road, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 1, Henley Gardens, Romford, RM6 6SX, a Freehold house which sold for £436,000 in Dec 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Road, Chadwell Heath, Romford, RM6 has a total of 111 addresses. According to our analysis of all the public data, 41, East Road, Romford is the 41st largest and the 37th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in RM6.
41, East Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 41, East Road, Romford is Chadwell Heath station which is 1.1 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 41, East Road, Romford, 29.4% of property is privately owned with a mortgage and 25.7% is privately 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 41, East Road, Romford, 27.1% of residents are recorded as possessing school level qualifications and 28.8% 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 41, East Road, Romford, the average age was 35.3 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 41, East Road, Romford, 0.6% 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 41, East Road, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.