According to the public record, 61, Beauly Way, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,012 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Beauly Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
61, Beauly Way, Romford has a single entry in the Land Registry database from November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 61 Beauly Way Romford as £541,843 and the rental value as £2,243 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 61 Beauly Way Romford has decreased by £4,937 (0.9%) and its rental value has increased by £119 per month (5.3%).
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 61, Beauly Way, Romford is in very good condition we estimate a sale value of £568,935 and rental value of £2,355 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £503,914 and a rental value of £2,086 per month.
If you were able to purchase this property for the estimated value of £541,843, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,663 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 HM Land Registry, 61, Beauly Way, Romford was last sold on 27 Nov 2007 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 74.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Beauly Way, Romford within a radius of 800 metres over the last 2 years.
The most recent example is 94, Beauly Way, Romford, RM1 4XR, a Freehold house which sold for £540,000 in Apr 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beauly Way, Romford, RM1 has a total of 113 addresses. According to our analysis of all the public data, 61, Beauly Way, Romford is the 60th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £148k more expensive than the average property in RM1.
The closest station to 61, Beauly Way, Romford is Gidea Park station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 61, Beauly Way, Romford, 58.3% of property is privately owned outright and 36.7% 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 61, Beauly Way, Romford, 19.9% of residents are recorded as possessing school level qualifications and 21.6% 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 61, Beauly 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 61, Beauly Way, Romford, 1.3% 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 61, Beauly Way, Romford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.