According to the public record, 59, Wolseley Road, Romford is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wolseley Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
59, Wolseley Road, Romford has 2 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated January 2018.
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 59 Wolseley Road Romford as £457,803 and the rental value as £2,203 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 59 Wolseley Road Romford has decreased by £7,334 (1.6%) and its rental value has increased by £86 per month (3.9%).
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, Wolseley Road, Romford is in very good condition we estimate a sale value of £480,693 and rental value of £2,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,757 and a rental value of £2,049 per month.
If you were able to purchase this property for the estimated value of £457,803, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,250 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, Wolseley Road, Romford sits on a plot of 198m2.
We have plot size data on 27 out of 47 other houses in the postcode and 59, Wolseley Road, Romford sits on the 14th largest plot.
According to HM Land Registry, 59, Wolseley Road, Romford was last sold on 16 Nov 2018 for £365,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Wolseley Road, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 7, Philip Close, Romford, RM7 0XJ, a Freehold house which sold for £420,000 in Dec 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wolseley Road, Romford, RM7 has a total of 75 addresses. According to our analysis of all the public data, 59, Wolseley Road, Romford is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in RM7.
59, Wolseley Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jan 2018.
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, Wolseley Road, Romford is Romford station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 59, Wolseley Road, Romford, 34.0% of property is privately rented and 30.9% 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 59, Wolseley Road, Romford, 22.3% of residents are recorded as possessing school level qualifications and 28.9% 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, Wolseley Road, Romford, the average age was 35.1 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, Wolseley Road, Romford, 0.0% 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 59, Wolseley 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.