According to the public record, 53, Wolseley Road, Romford is a early-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 53, Wolseley Road, Romford, RM7.
Wolseley Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
53, Wolseley Road, Romford has 21 entries in the Land Registry database, most recently in November 2011 and a single entry in the EPC database dated July 2024.
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 53 Wolseley Road Romford as £290,995 and the rental value as £1,377 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 53 Wolseley Road Romford has increased by £1,888 (0.6%) and its rental value has increased by £86 per month (6.3%).
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 53, Wolseley Road, Romford is in very good condition we estimate a sale value of £305,545 and rental value of £1,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,626 and a rental value of £1,281 per month.
If you were able to purchase this property for the estimated value of £290,995, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,430 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, 53, Wolseley Road, Romford was last sold on 17 Nov 2011 for £107,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2011, the market for similar properties has risen 77.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Wolseley Road, Romford within a radius of 540 metres over the last 2 years.
The most recent example is Flat 14, Chapel Court 4, Crown Drive, Romford, RM7 0FT, a Leasehold flat which sold for £222,000 in Feb 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wolseley Road, Romford, RM7 has a total of 75 addresses. According to our analysis of all the public data, 53, Wolseley Road, Romford is the 65th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in RM7.
53, Wolseley Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2024.
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 53, Wolseley 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 53, Wolseley Road, Romford, 34.0% of property is privately rented and 30.9% 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 53, Wolseley Road, Romford, 22.3% of residents are recorded as possessing school level qualifications and 28.9% 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 53, Wolseley 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 53, Wolseley Road, Romford, 0.0% 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 53, Wolseley Road, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.