According to the public record, 495, Mawney Road, Romford is a early-century freehold house with 742 ft2 of internal area and sits on a 167 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mawney Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
495, Mawney Road, Romford has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated November 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 495 Mawney Road Romford as £394,632 and the rental value as £1,810 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 495 Mawney Road Romford has decreased by £6,431 (1.6%) and its rental value has increased by £94 per month (5.2%).
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 495, Mawney Road, Romford is in very good condition we estimate a sale value of £414,364 and rental value of £1,900 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,008 and a rental value of £1,683 per month.
If you were able to purchase this property for the estimated value of £394,632, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,939 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, 495, Mawney Road, Romford sits on a plot of 167m2.
We have plot size data on 21 out of 34 other houses in the postcode and 495, Mawney Road, Romford sits on the 19th largest plot.
According to HM Land Registry, 495, Mawney Road, Romford was last sold on 18 Jun 2021 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 495, Mawney Road, Romford within a radius of 470 metres over the last 2 years.
The most recent example is 79, Lynton Avenue, Romford, RM7 8NH, a Freehold house which sold for £437,500 in May 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mawney Road, Romford, RM7 has a total of 549 addresses. According to our analysis of all the public data, 495, Mawney Road, Romford is the 392nd largest and the 357th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in RM7.
495, Mawney Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 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 495, Mawney Road, Romford is Romford station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 495, Mawney Road, Romford, 45.2% of property is privately owned outright and 45.2% 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 495, Mawney Road, Romford, 18.2% of residents are recorded as possessing school level qualifications and 30.4% 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 495, Mawney Road, Romford, the average age was 40.2 and the most common age was 42.
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 495, Mawney 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 495, Mawney Road, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.