According to the public record, 55, Squirrels Heath Road, Romford is a early-century freehold house with 1,883 ft2 of internal area and sits on a 716 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Squirrels Heath Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
55, Squirrels Heath Road, Romford has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated October 2023.
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 55 Squirrels Heath Road Romford as £776,287 and the rental value as £3,056 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 55 Squirrels Heath Road Romford has decreased by £18,745 (2.4%) and its rental value has increased by £106 per month (3.5%).
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, Squirrels Heath Road, Romford is in very good condition we estimate a sale value of £815,102 and rental value of £3,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £721,947 and a rental value of £2,842 per month.
If you were able to purchase this property for the estimated value of £776,287, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,815 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, Squirrels Heath Road, Romford sits on a plot of 716m2.
We have plot size data on 2 out of 5 other houses in the postcode and 55, Squirrels Heath Road, Romford sits on the largest plot.
According to HM Land Registry, 55, Squirrels Heath Road, Romford was last sold on 01 Mar 2024 for £790,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Squirrels Heath Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 20, Redden Court Road, Romford, RM3 0XA, a Freehold house which sold for £770,000 in May 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Squirrels Heath Road, Romford, RM3 has a total of 169 addresses. According to our analysis of all the public data, 55, Squirrels Heath Road, Romford is the 8th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £415k more expensive than the average property in RM3.
55, Squirrels Heath Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 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 55, Squirrels Heath Road, Romford is Harold Wood station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Squirrels Heath Road, Romford, 48.1% of property is privately owned outright and 27.5% 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, Squirrels Heath Road, Romford, 18.3% of residents are recorded as possessing school level qualifications and 24.3% 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, Squirrels Heath Road, Romford, the average age was 39.5 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, Squirrels Heath Road, Romford, 1.0% 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 55, Squirrels Heath 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.