According to the public record, 64, Penrith Road, Romford is a mid-century freehold house with 1,029 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Penrith Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
64, Penrith Road, Romford has 2 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated March 2012.
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 64 Penrith Road Romford as £406,373 and the rental value as £1,982 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 64 Penrith Road Romford has decreased by £4,049 (1.0%) and its rental value has increased by £97 per month (4.9%).
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 64, Penrith Road, Romford is in very good condition we estimate a sale value of £426,692 and rental value of £2,081 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,927 and a rental value of £1,843 per month.
If you were able to purchase this property for the estimated value of £406,373, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,997 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, 64, Penrith Road, Romford sits on a plot of 248m2.
We have plot size data on 14 out of 35 other houses in the postcode and 64, Penrith Road, Romford sits on the 4th largest plot.
According to HM Land Registry, 64, Penrith Road, Romford was last sold on 24 Aug 2021 for £435,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 64, Penrith Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 21, Retford Path, Romford, RM3 9NL, a Freehold house which sold for £385,000 in Feb 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penrith Road, Romford, RM3 has a total of 88 addresses. According to our analysis of all the public data, 64, Penrith Road, Romford is the 8th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in RM3.
64, Penrith Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Mar 2012.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 64, Penrith Road, Romford is Harold Wood station which is 1.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 64, Penrith Road, Romford, 33.9% of property is privately owned with a mortgage and 29.8% 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 64, Penrith Road, Romford, 25.9% of residents are recorded as possessing school level qualifications and 26.2% 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 64, Penrith Road, Romford, the average age was 35.9 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 64, Penrith 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 64, Penrith Road, 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.