According to the public record, 42, Coleridge Road, Romford is a mid-century freehold house with 688 ft2 of internal area and sits on a 501 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Coleridge Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
42, Coleridge Road, Romford has a single entry in the Land Registry database from January 2020 and a single entry in the EPC database dated November 2018.
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 42 Coleridge Road Romford as £361,788 and the rental value as £1,724 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 42 Coleridge Road Romford has decreased by £3,469 (1.0%) and its rental value has increased by £88 per month (5.1%).
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 42, Coleridge Road, Romford is in very good condition we estimate a sale value of £379,878 and rental value of £1,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,463 and a rental value of £1,603 per month.
If you were able to purchase this property for the estimated value of £361,788, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,778 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, 42, Coleridge Road, Romford sits on a plot of 501m2.
We have plot size data on 18 out of 32 other houses in the postcode and 42, Coleridge Road, Romford sits on the 9th largest plot.
According to HM Land Registry, 42, Coleridge Road, Romford was last sold on 21 Jan 2020 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Coleridge Road, Romford within a radius of 580 metres over the last 2 years.
The most recent example is 115, Harrow Crescent, Romford, RM3 7BJ, a Freehold house which sold for £430,000 in Jan 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coleridge Road, Romford, RM3 has a total of 68 addresses. According to our analysis of all the public data, 42, Coleridge Road, Romford is the 54th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £962 more expensive than the average property in RM3.
42, Coleridge Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Nov 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 42, Coleridge Road, Romford is Gidea Park station which is 1.9 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 42, Coleridge Road, Romford, 45.0% of property is privately owned outright and 38.3% 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 42, Coleridge Road, Romford, 16.8% of residents are recorded as possessing school level qualifications and 30.2% 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 42, Coleridge Road, Romford, the average age was 37.6 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 42, Coleridge Road, Romford, 1.4% 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 42, Coleridge Road, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.