According to the public record, 42, Stockland Road, Romford is a period freehold house with 1,001 ft2 of internal area and sits on a 166 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Stockland Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
42, Stockland Road, Romford has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated June 2020.
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 Stockland Road Romford as £396,170 and the rental value as £2,023 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 42 Stockland Road Romford has decreased by £1,127 (0.3%) and its rental value has increased by £106 per month (5.3%).
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 42, Stockland Road, Romford is in very good condition we estimate a sale value of £415,978 and rental value of £2,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,438 and a rental value of £1,882 per month.
If you were able to purchase this property for the estimated value of £396,170, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,947 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, Stockland Road, Romford sits on a plot of 166m2.
We have plot size data on 26 out of 38 other houses in the postcode and 42, Stockland Road, Romford sits on the 9th largest plot.
According to HM Land Registry, 42, Stockland Road, Romford was last sold on 06 Nov 2015 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 27.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Stockland Road, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 24, Stockland Road, Romford, RM7 9AR, a Freehold house which sold for £370,000 in Apr 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stockland Road, Romford, RM7 has a total of 38 addresses. According to our analysis of all the public data, 42, Stockland Road, Romford is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in RM7.
42, Stockland Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2020.
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, Stockland Road, Romford is Romford station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Stockland Road, Romford, 36.2% of property is privately owned with a mortgage and 30.1% 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 42, Stockland Road, Romford, 22.3% of residents are recorded as possessing school level qualifications and 33.9% 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, Stockland Road, Romford, the average age was 37 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 42, Stockland 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 42, Stockland 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.