According to the public record, 61, Marlborough Road, Romford is a early-century freehold house with 839 ft2 of internal area and sits on a 224 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marlborough Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
61, Marlborough Road, Romford has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated September 2013.
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 61 Marlborough Road Romford as £354,804 and the rental value as £1,861 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 61 Marlborough Road Romford has decreased by £3,134 (0.9%) and its rental value has increased by £92 per month (4.9%).
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 61, Marlborough Road, Romford is in very good condition we estimate a sale value of £372,544 and rental value of £1,954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,968 and a rental value of £1,730 per month.
If you were able to purchase this property for the estimated value of £354,804, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,744 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, 61, Marlborough Road, Romford sits on a plot of 224m2.
We have plot size data on 22 out of 33 other houses in the postcode and 61, Marlborough Road, Romford sits on the 12th largest plot.
According to HM Land Registry, 61, Marlborough Road, Romford was last sold on 27 Feb 2014 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 61.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Marlborough Road, Romford within a radius of 620 metres over the last 2 years.
The most recent example is 73, Marlborough Road, Romford, RM7 8AD, a Freehold house which sold for £385,000 in Feb 2021.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marlborough Road, Romford, RM7 has a total of 218 addresses. According to our analysis of all the public data, 61, Marlborough Road, Romford is the 162nd largest and the 177th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in RM7.
61, Marlborough Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2013.
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 61, Marlborough Road, Romford is Romford station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 61, Marlborough Road, Romford, 39.4% of property is privately rented and 36.5% 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 61, Marlborough Road, Romford, 22.7% of residents are recorded as possessing school level qualifications and 31.8% 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 61, Marlborough Road, Romford, the average age was 38.3 and the most common age was 37.
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, Marlborough Road, 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 61, Marlborough Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.