According to the public record, 5, Avenue Road, Romford is a modern freehold house with 515 ft2 of internal area and sits on a 93.8 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Avenue Road, Chadwell Heath, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
5, Avenue Road, Romford has 31 entries in the Land Registry database, most recently in March 2007 and a single entry in the EPC database dated March 2012.
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 5 Avenue Road Romford as £299,932 and the rental value as £1,530 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 5 Avenue Road Romford has increased by £546 (0.2%) and its rental value has increased by £75 per month (4.9%).
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 5, Avenue Road, Romford is in very good condition we estimate a sale value of £314,929 and rental value of £1,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,937 and a rental value of £1,423 per month.
If you were able to purchase this property for the estimated value of £299,932, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,474 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, 5, Avenue Road, Romford sits on a plot of 94m2.
We have plot size data on 16 out of 20 other houses in the postcode and 5, Avenue Road, Romford sits on the 12th largest plot.
According to HM Land Registry, 5, Avenue Road, Romford was last sold on 30 Mar 2007 for £199,995 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2007, the market for similar properties has risen 76.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Avenue Road, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 3, Coulson Close, Dagenham, RM8 1TY, a Freehold house which sold for £355,000 in Nov 2022.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Road, Chadwell Heath, Romford, RM6 has a total of 93 addresses. According to our analysis of all the public data, 5, Avenue Road, Romford is the 58th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in RM6.
5, Avenue Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2012.
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 5, Avenue Road, Romford is Chadwell Heath station which is 600 metres 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 5, Avenue Road, Romford, 49.1% of property is privately owned with a mortgage and 38.2% 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 5, Avenue Road, Romford, 21.8% of residents are recorded as possessing school level qualifications and 53.1% 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 5, Avenue Road, Romford, the average age was 40.6 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 5, Avenue Road, 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 5, Avenue Road, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.