According to the public record, 43, Norfolk Road, Romford is a early-century freehold house with 871 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Norfolk Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
43, Norfolk Road, Romford has 51 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated October 2021.
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 43 Norfolk Road Romford as £406,268 and the rental value as £2,001 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 43 Norfolk Road Romford has decreased by £1,588 (0.4%) and its rental value has increased by £103 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 43, Norfolk Road, Romford is in very good condition we estimate a sale value of £426,581 and rental value of £2,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,829 and a rental value of £1,861 per month.
If you were able to purchase this property for the estimated value of £406,268, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,997 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, 43, Norfolk Road, Romford sits on a plot of 231m2.
We have plot size data on 29 out of 46 other houses in the postcode and 43, Norfolk Road, Romford sits on the 6th largest plot.
According to HM Land Registry, 43, Norfolk Road, Romford was last sold on 19 Apr 2022 for £450,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Norfolk Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 66, Sheringham Avenue, Romford, RM7 9DR, a Freehold house which sold for £358,000 in Mar 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Road, Romford, RM7 has a total of 50 addresses. According to our analysis of all the public data, 43, Norfolk Road, Romford is the 43rd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in RM7.
43, Norfolk Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Oct 2021.
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 43, Norfolk Road, Romford is Romford station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 43, Norfolk Road, Romford, 30.9% of property is privately owned with a mortgage and 30.0% 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 43, Norfolk Road, Romford, 24.8% of residents are recorded as possessing school level qualifications and 35.2% 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 43, Norfolk Road, Romford, the average age was 35.1 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 43, Norfolk Road, Romford, 0.3% 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 43, Norfolk Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.