According to the public record, 44, Willow Street, Romford is a period freehold house with 871 ft2 of internal area and sits on a 247 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Willow Street, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
44, Willow Street, Romford has a single entry in the Land Registry database from December 2023 and a single entry in the EPC database dated July 2023.
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 44 Willow Street Romford as £385,079 and the rental value as £1,903 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 44 Willow Street Romford has decreased by £3,056 (0.8%) and its rental value has increased by £94 per month (5.0%).
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 44, Willow Street, Romford is in very good condition we estimate a sale value of £404,333 and rental value of £1,998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,123 and a rental value of £1,770 per month.
If you were able to purchase this property for the estimated value of £385,079, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,893 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, 44, Willow Street, Romford sits on a plot of 247m2.
We have plot size data on 25 out of 42 other houses in the postcode and 44, Willow Street, Romford sits on the 2nd largest plot.
According to HM Land Registry, 44, Willow Street, Romford was last sold on 11 Dec 2023 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Willow Street, Romford within a radius of 420 metres over the last 2 years.
The most recent example is 51, Vine Street, Romford, RM7 7LH, a Freehold house which sold for £365,000 in Jul 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willow Street, Romford, RM7 has a total of 112 addresses. According to our analysis of all the public data, 44, Willow Street, Romford is the 78th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in RM7.
44, Willow Street, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2023.
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 44, Willow Street, 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 44, Willow Street, Romford, 42.5% of property is privately owned with a mortgage and 30.6% is privately owned outright.
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 44, Willow Street, Romford, 17.3% of residents are recorded as possessing school level qualifications and 34.2% 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 44, Willow Street, Romford, the average age was 38.3 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 44, Willow Street, 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 44, Willow Street, 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.