According to the public record, 62, Seymer Road, Romford is a early-century freehold house with 1,054 ft2 of internal area and sits on a 368 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Seymer Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
62, Seymer Road, Romford has a single entry in the Land Registry database from January 2018 and a single entry in the EPC database dated April 2017.
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 Seymer Road Romford as £471,852 and the rental value as £2,209 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 62 Seymer Road Romford has decreased by £3,650 (0.8%) and its rental value has increased by £117 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, Seymer Road, Romford is in very good condition we estimate a sale value of £495,445 and rental value of £2,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,823 and a rental value of £2,054 per month.
If you were able to purchase this property for the estimated value of £471,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,319 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, Seymer Road, Romford sits on a plot of 368m2.
We have plot size data on 36 out of 62 other houses in the postcode and 62, Seymer Road, Romford sits on the 7th largest plot.
According to HM Land Registry, 62, Seymer Road, Romford was last sold on 19 Jan 2018 for £360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Seymer Road, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 61, Dorset Avenue, Romford, RM1 4LL, a Freehold house which sold for £495,000 in Sep 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seymer Road, Romford, RM1 has a total of 146 addresses. According to our analysis of all the public data, 62, Seymer Road, Romford is the 53rd largest and the 58th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in RM1.
62, Seymer Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Apr 2017.
The property is connected to mains gas and has mostly multiple glazing. It is heated using a boiler and radiators.
The closest station to 62, Seymer Road, Romford is Romford station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, Seymer Road, Romford, 42.1% of property is privately owned with a mortgage and 33.6% 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, Seymer Road, Romford, 23.1% of residents are recorded as possessing school level qualifications and 30.4% 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, Seymer 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, Seymer Road, Romford, 0.5% 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, Seymer 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.