According to the public record, 56, Albert Road, Romford is a period freehold house with 675 ft2 of internal area and sits on a 210 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Albert Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
56, Albert Road, Romford has 51 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated March 2010.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 56 Albert Road Romford as £355,248 and the rental value as £1,836 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 56 Albert Road Romford has increased by £252 (0.1%) and its rental value has increased by £112 per month (6.1%).
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 56, Albert Road, Romford is in very good condition we estimate a sale value of £373,011 and rental value of £1,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,381 and a rental value of £1,708 per month.
If you were able to purchase this property for the estimated value of £355,248, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,746 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, 56, Albert Road, Romford sits on a plot of 210m2.
We have plot size data on 19 out of 24 other houses in the postcode and 56, Albert Road, Romford sits on the 18th largest plot.
According to HM Land Registry, 56, Albert Road, Romford was last sold on 28 Sep 2018 for £327,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Sep 2018, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Albert Road, Romford within a radius of 400 metres over the last 2 years.
The most recent example is 54, Albert Road, Romford, RM1 2PP, a Freehold house which sold for £310,000 in Oct 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Romford, RM1 has a total of 122 addresses. According to our analysis of all the public data, 56, Albert Road, Romford is the 73rd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in RM1.
56, Albert Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2010.
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 56, Albert Road, Romford is Romford station which is 400 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 56, Albert Road, Romford, 39.7% of property is privately rented and 33.8% 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 56, Albert Road, Romford, 17.7% of residents are recorded as possessing school level qualifications and 36.4% 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 56, Albert Road, Romford, the average age was 36.6 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 56, Albert Road, Romford, 1.2% 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 56, Albert Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.