According to the public record, 62, Eastern Avenue East, Romford is a early-century freehold house with 1,065 ft2 of internal area and sits on a 317 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Eastern Avenue East, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
62, Eastern Avenue East, Romford has a single entry in the Land Registry database from November 2018 and a single entry in the EPC database dated April 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 62 Eastern Avenue East Romford as £433,044 and the rental value as £2,162 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 62 Eastern Avenue East Romford has decreased by £3,350 (0.8%) and its rental value has increased by £115 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 62, Eastern Avenue East, Romford is in very good condition we estimate a sale value of £454,696 and rental value of £2,270 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,731 and a rental value of £2,011 per month.
If you were able to purchase this property for the estimated value of £433,044, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,128 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, 62, Eastern Avenue East, Romford sits on a plot of 317m2.
We have plot size data on 15 out of 28 other houses in the postcode and 62, Eastern Avenue East, Romford sits on the 6th largest plot.
According to HM Land Registry, 62, Eastern Avenue East, Romford was last sold on 19 Nov 2018 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Eastern Avenue East, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 72, Parkside Avenue, Romford, RM1 4NH, a Freehold house which sold for £412,000 in Oct 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Avenue East, Romford, RM1 has a total of 142 addresses. According to our analysis of all the public data, 62, Eastern Avenue East, Romford is the 40th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in RM1.
62, Eastern Avenue East, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 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 62, Eastern Avenue East, Romford is Romford station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, Eastern Avenue East, Romford, 34.9% of property is privately owned with a mortgage and 34.1% 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 62, Eastern Avenue East, Romford, 24.8% of residents are recorded as possessing school level qualifications and 33.7% 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 62, Eastern Avenue East, Romford, the average age was 40.2 and the most common age was 42.
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 62, Eastern Avenue East, 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 62, Eastern Avenue East, 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.