According to the public record, 50, Cromer Road, Romford is a period freehold house with 871 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cromer Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
50, Cromer Road, Romford has 31 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated October 2013.
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 50 Cromer Road Romford as £396,161 and the rental value as £1,965 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 50 Cromer Road Romford has decreased by £1,548 (0.4%) and its rental value has increased by £101 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 50, Cromer Road, Romford is in very good condition we estimate a sale value of £415,969 and rental value of £2,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,430 and a rental value of £1,827 per month.
If you were able to purchase this property for the estimated value of £396,161, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,947 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, 50, Cromer Road, Romford sits on a plot of 152m2.
We have plot size data on 17 out of 30 other houses in the postcode and 50, Cromer Road, Romford sits on the 3rd largest plot.
According to HM Land Registry, 50, Cromer Road, Romford was last sold on 21 Jan 2014 for £215,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2014, the market for similar properties has risen 68.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Cromer Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 37, Knighton Road, Romford, RM7 9BU, a Freehold house which sold for £362,000 in Feb 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromer Road, Romford, RM7 has a total of 62 addresses. According to our analysis of all the public data, 50, Cromer Road, Romford is the 46th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in RM7.
50, Cromer Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Oct 2013.
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 50, Cromer Road, Romford is Romford station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Cromer Road, Romford, 34.2% of property is privately owned with a mortgage and 24.2% 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 50, Cromer Road, Romford, 33.6% of residents are recorded as possessing school level qualifications and 31.0% 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 50, Cromer 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 50, Cromer 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 50, Cromer Road, 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.