According to the public record, 55, Jutsums Lane, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 773 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Jutsums Lane, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
55, Jutsums Lane, Romford has 21 entries in the Land Registry database, most recently in May 2007 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 55 Jutsums Lane Romford as £386,101 and the rental value as £1,915 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 55 Jutsums Lane Romford has decreased by £2,909 (0.8%) and its rental value has increased by £91 per month (4.7%).
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 55, Jutsums Lane, Romford is in very good condition we estimate a sale value of £405,406 and rental value of £2,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,073 and a rental value of £1,781 per month.
If you were able to purchase this property for the estimated value of £386,101, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,898 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, 55, Jutsums Lane, Romford was last sold on 18 May 2007 for £180,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 85.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Jutsums Lane, Romford within a radius of 690 metres over the last 2 years.
The most recent example is 27, Jutsums Lane, Romford, RM7 9HH, a Leasehold house which sold for £425,000 in Nov 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jutsums Lane, Romford, RM7 has a total of 95 addresses. According to our analysis of all the public data, 55, Jutsums Lane, Romford is the 68th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in RM7.
The closest station to 55, Jutsums Lane, Romford is Romford station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Jutsums Lane, Romford, 45.9% of property is privately owned outright and 40.7% 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 55, Jutsums Lane, Romford, 17.1% of residents are recorded as possessing school level qualifications and 35.2% 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 55, Jutsums Lane, 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 55, Jutsums Lane, Romford, 0.5% 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 55, Jutsums Lane, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.