According to the public record, 58, Ayr Way, Romford is a mid-century freehold house with 1,205 ft2 of internal area and sits on a 388 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ayr Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
58, Ayr Way, Romford has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated July 2021.
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 58 Ayr Way Romford as £521,137 and the rental value as £2,459 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 58 Ayr Way Romford has decreased by £12,272 (2.4%) and its rental value has increased by £106 per month (4.3%).
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 58, Ayr Way, Romford is in very good condition we estimate a sale value of £547,194 and rental value of £2,582 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,657 and a rental value of £2,287 per month.
If you were able to purchase this property for the estimated value of £521,137, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,561 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, 58, Ayr Way, Romford sits on a plot of 388m2.
We have plot size data on 30 out of 43 other houses in the postcode and 58, Ayr Way, Romford sits on the 13th largest plot.
According to HM Land Registry, 58, Ayr Way, Romford was last sold on 17 Mar 2022 for £565,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Ayr Way, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 36, Moray Way, Romford, RM1 4YD, a Freehold house which sold for £510,000 in Mar 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ayr Way, Romford, RM1 has a total of 63 addresses. According to our analysis of all the public data, 58, Ayr Way, Romford is the 16th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in RM1.
58, Ayr Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2021.
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 58, Ayr Way, Romford is Gidea Park station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 58, Ayr Way, Romford, 52.4% of property is privately owned outright and 39.5% 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 58, Ayr Way, Romford, 18.3% of residents are recorded as possessing school level qualifications and 26.8% 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 58, Ayr Way, Romford, the average age was 44 and the most common age was 57.
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 58, Ayr Way, Romford, 0.6% 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 58, Ayr Way, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.