According to the public record, 5, Playfield Avenue, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 822 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Playfield Avenue, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
5, Playfield Avenue, Romford has a single entry in the Land Registry database from January 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Playfield Avenue Romford as £409,357 and the rental value as £1,917 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 5 Playfield Avenue Romford has decreased by £7,174 (1.8%) and its rental value has increased by £101 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 5, Playfield Avenue, Romford is in very good condition we estimate a sale value of £429,825 and rental value of £2,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,702 and a rental value of £1,783 per month.
If you were able to purchase this property for the estimated value of £409,357, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,012 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 HM Land Registry, 5, Playfield Avenue, Romford was last sold on 11 Jan 2006 for £181,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Playfield Avenue, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 25, Hillfoot Avenue, Romford, RM5 3LJ, a Freehold house which sold for £436,500 in Jun 2024.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Playfield Avenue, Romford, RM5 has a total of 48 addresses. According to our analysis of all the public data, 5, Playfield Avenue, Romford is the 15th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in RM5.
The closest station to 5, Playfield Avenue, Romford is Romford station which is 2.7 kilometres 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, Playfield Avenue, Romford, 43.8% of property is privately owned outright and 25.8% 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 5, Playfield Avenue, Romford, 18.2% of residents are recorded as possessing school level qualifications and 22.3% 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, Playfield Avenue, Romford, the average age was 39.2 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 5, Playfield Avenue, 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, Playfield Avenue, 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.