According to the public record, 56, Hickman Road, Romford is a early-century freehold house with 1,011 ft2 of internal area and sits on a 189 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hickman Road, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
56, Hickman Road, Romford has a single entry in the Land Registry database from August 2016 and a single entry in the EPC database dated March 2016.
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 56 Hickman Road Romford as £475,228 and the rental value as £2,106 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 56 Hickman Road Romford has decreased by £3,568 (0.8%) and its rental value has increased by £84 per month (4.0%).
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 56, Hickman Road, Romford is in very good condition we estimate a sale value of £498,989 and rental value of £2,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,962 and a rental value of £1,959 per month.
If you were able to purchase this property for the estimated value of £475,228, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,336 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 data from HM Land Registry, 56, Hickman Road, Romford sits on a plot of 189m2.
We have plot size data on 27 out of 38 other houses in the postcode and 56, Hickman Road, Romford sits on the 20th largest plot.
According to HM Land Registry, 56, Hickman Road, Romford was last sold on 19 Aug 2016 for £405,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Hickman Road, Romford within a radius of 410 metres over the last 2 years.
The most recent example is 51, Reynolds Avenue, Romford, RM6 4NT, a Freehold house which sold for £530,000 in Jun 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hickman Road, Romford, RM6 has a total of 38 addresses. According to our analysis of all the public data, 56, Hickman Road, Romford is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in RM6.
56, Hickman Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2016.
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, Hickman Road, Romford is Chadwell Heath 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, Hickman Road, Romford, 46.4% of property is privately owned with a mortgage and 29.1% is privately owned outright.
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, Hickman Road, Romford, 26.4% of residents are recorded as possessing school level qualifications and 37.8% 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, Hickman Road, Romford, the average age was 40.6 and the most common age was 42.
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, Hickman Road, 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 56, Hickman Road, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.