According to the public record, 59, Princes Road, Romford is a mid-century freehold house with 1,162 ft2 of internal area and sits on a 327 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Princes Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
59, Princes Road, Romford has 2 entries in the Land Registry database, most recently in December 2023 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.
•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 59 Princes Road Romford as £512,451 and the rental value as £2,367 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 59 Princes Road Romford has decreased by £7,636 (1.5%) and its rental value has increased by £106 per month (4.5%).
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 59, Princes Road, Romford is in very good condition we estimate a sale value of £538,074 and rental value of £2,486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £476,579 and a rental value of £2,202 per month.
If you were able to purchase this property for the estimated value of £512,451, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,519 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, 59, Princes Road, Romford sits on a plot of 327m2.
We have plot size data on 24 out of 42 other houses in the postcode and 59, Princes Road, Romford sits on the 19th largest plot.
According to HM Land Registry, 59, Princes Road, Romford was last sold on 08 Dec 2023 for £577,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Princes Road, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 84, Princes Road, Romford, RM1 2SP, a Freehold house which sold for £460,000 in May 2021.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Road, Romford, RM1 has a total of 102 addresses. According to our analysis of all the public data, 59, Princes Road, Romford is the 52nd largest and the 56th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in RM1.
59, Princes Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 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 59, Princes Road, Romford is Gidea Park station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 59, Princes Road, Romford, 36.6% of property is privately owned with a mortgage and 30.1% 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 59, Princes Road, Romford, 18.2% of residents are recorded as possessing school level qualifications and 39.5% 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 59, Princes 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 59, Princes 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 59, Princes Road, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.