According to the public record, 62, Willow Street, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,099 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Willow Street, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
62, Willow Street, Romford has 21 entries in the Land Registry database, most recently in September 2008 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 Willow Street Romford as £431,019 and the rental value as £2,104 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 62 Willow Street Romford has decreased by £8,509 (2.0%) and its rental value has increased by £78 per month (3.7%).
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, Willow Street, Romford is in very good condition we estimate a sale value of £452,570 and rental value of £2,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,848 and a rental value of £1,957 per month.
If you were able to purchase this property for the estimated value of £431,019, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,118 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, Willow Street, Romford was last sold on 05 Sep 2008 for £238,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2008, the market for similar properties has risen 94.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Willow Street, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 34, Willow Street, Romford, RM7 7LJ, a Freehold house which sold for £350,000 in Feb 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willow Street, Romford, RM7 has a total of 112 addresses. According to our analysis of all the public data, 62, Willow Street, Romford is the 17th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in RM7.
The closest station to 62, Willow Street, 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 62, Willow Street, Romford, 44.2% of property is privately owned with a mortgage and 23.2% is privately rented.
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, Willow Street, Romford, 20.5% of residents are recorded as possessing school level qualifications and 36.6% 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, Willow Street, 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 62, Willow Street, 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, Willow Street, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.