According to the public record, 55, Larchwood Avenue, Romford is a early-century leasehold house with 1,022 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Larchwood Avenue, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
55, Larchwood Avenue, Romford has a single entry in the Land Registry database from August 2023 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.
•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 55 Larchwood Avenue Romford as £441,778 and the rental value as £2,062 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 55 Larchwood Avenue Romford has decreased by £9,104 (2.1%) and its rental value has increased by £103 per month (5.0%).
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, Larchwood Avenue, Romford is in very good condition we estimate a sale value of £463,867 and rental value of £2,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,854 and a rental value of £1,918 per month.
If you were able to purchase this property for the estimated value of £441,778, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,171 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, 55, Larchwood Avenue, Romford sits on a plot of 290m2.
We have plot size data on 25 out of 43 other houses in the postcode and 55, Larchwood Avenue, Romford sits on the 20th largest plot.
According to HM Land Registry, 55, Larchwood Avenue, Romford was last sold on 25 Aug 2023 for £400,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Larchwood Avenue, Romford within a radius of 470 metres over the last 2 years.
The most recent example is 47, Larchwood Avenue, Romford, RM5 2QL, a Freehold house which sold for £446,000 in Jan 2024.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larchwood Avenue, Romford, RM5 has a total of 78 addresses. According to our analysis of all the public data, 55, Larchwood Avenue, Romford is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in RM5.
55, Larchwood Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 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 55, Larchwood Avenue, Romford is Romford station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Larchwood Avenue, Romford, 46.2% of property is privately owned outright and 46.2% 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, Larchwood Avenue, Romford, 14.0% of residents are recorded as possessing school level qualifications and 27.9% 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 55, Larchwood Avenue, Romford, the average age was 38.8 and the most common age was 37.
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, Larchwood Avenue, 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, Larchwood Avenue, Romford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.