According to the public record, 62, Percy Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 999 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Percy Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
62, Percy Road, Romford has a single entry in the Land Registry database from November 2009 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 62 Percy Road Romford as £449,251 and the rental value as £1,983 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 62 Percy Road Romford has decreased by £6,657 (1.5%) and its rental value has increased by £95 per month (4.8%).
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, Percy Road, Romford is in very good condition we estimate a sale value of £471,714 and rental value of £2,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,803 and a rental value of £1,844 per month.
If you were able to purchase this property for the estimated value of £449,251, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,208 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, 62, Percy Road, Romford was last sold on 19 Nov 2009 for £233,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2009, the market for similar properties has risen 92.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Percy Road, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 43, Redriff Road, Romford, RM7 8HD, a Freehold house which sold for £510,000 in Apr 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Percy Road, Romford, RM7 has a total of 83 addresses. According to our analysis of all the public data, 62, Percy Road, Romford is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in RM7.
The closest station to 62, Percy Road, Romford is Romford station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, Percy Road, Romford, 43.3% of property is privately owned with a mortgage and 36.7% 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, Percy Road, Romford, 19.2% of residents are recorded as possessing school level qualifications and 31.3% 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, Percy Road, 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, Percy Road, Romford, 1.0% 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, Percy 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.