According to the public record, 54, Station Road, Romford is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Station Road, Gidea Park, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
54, Station Road, Romford has 2 entries in the Land Registry database, most recently in May 2012 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 54 Station Road Romford as £271,928 and the rental value as £1,456 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 54 Station Road Romford has increased by £2,187 (0.8%) and its rental value has increased by £101 per month (6.9%).
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 54, Station Road, Romford is in very good condition we estimate a sale value of £285,524 and rental value of £1,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,893 and a rental value of £1,354 per month.
If you were able to purchase this property for the estimated value of £271,928, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,336 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, 54, Station Road, Romford was last sold on 10 May 2012 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2012, the market for similar properties has risen 56.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Station Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 74, Station Road, Romford, RM2 6DA, a Leasehold flat which sold for £207,000 in Jan 2024.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Gidea Park, Romford, RM2 has a total of 82 addresses. According to our analysis of all the public data, 54, Station Road, Romford is the 40th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in RM2.
54, Station Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2023.
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 54, Station Road, Romford is Gidea Park station which is 0 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 54, Station Road, Romford, 39.8% of property is privately owned outright and 35.0% is privately rented.
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 54, Station Road, Romford, 19.9% of residents are recorded as possessing school level qualifications and 39.2% 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 54, Station Road, Romford, the average age was 42.3 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 54, Station Road, Romford, 0.7% 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 54, Station 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.