According to the public record, 61, Wolseley Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 933 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wolseley Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
61, Wolseley Road, Romford has a single entry in the Land Registry database from July 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 Wolseley Road Romford as £411,341 and the rental value as £1,993 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 61 Wolseley Road Romford has decreased by £1,780 (0.4%) and its rental value has increased by £102 per month (5.1%).
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, Wolseley Road, Romford is in very good condition we estimate a sale value of £431,908 and rental value of £2,092 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,547 and a rental value of £1,853 per month.
If you were able to purchase this property for the estimated value of £411,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,022 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, Wolseley Road, Romford was last sold on 27 Jul 2007 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 81.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Wolseley Road, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 14, Lilliput Road, Romford, RM7 0BJ, a Freehold house which sold for £450,000 in Apr 2024.
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, 61, Wolseley Road, Romford is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in RM7.
The closest station to 61, 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 61, 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 61, 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 61, 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 61, 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 61, 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.