According to the public record, 66, Faircross Avenue, Romford is a early-century freehold house with 1,539 ft2 of internal area and sits on a 298 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Faircross Avenue, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
66, Faircross Avenue, Romford has 31 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated March 2022.
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 66 Faircross Avenue Romford as £555,016 and the rental value as £2,350 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 66 Faircross Avenue Romford has decreased by £18,202 (3.3%) and its rental value has increased by £86 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 66, Faircross Avenue, Romford is in very good condition we estimate a sale value of £582,767 and rental value of £2,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £516,165 and a rental value of £2,185 per month.
If you were able to purchase this property for the estimated value of £555,016, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,728 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, 66, Faircross Avenue, Romford sits on a plot of 298m2.
We have plot size data on 10 out of 16 other houses in the postcode and 66, Faircross Avenue, Romford sits on the 2nd largest plot.
According to HM Land Registry, 66, Faircross Avenue, Romford was last sold on 04 Jul 2022 for £575,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 66, Faircross Avenue, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 56, Faircross Avenue, Romford, RM5 3UB, a Freehold house which sold for £570,000 in Apr 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faircross Avenue, Romford, RM5 has a total of 92 addresses. According to our analysis of all the public data, 66, Faircross Avenue, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £163k more expensive than the average property in RM5.
66, Faircross Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2022.
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 66, Faircross Avenue, Romford is Romford station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 66, Faircross Avenue, Romford, 46.3% of property is privately owned with a mortgage and 42.3% 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 66, Faircross Avenue, Romford, 18.4% of residents are recorded as possessing school level qualifications and 24.8% 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 66, Faircross Avenue, 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 66, Faircross Avenue, Romford, 0.3% 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 66, Faircross Avenue, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.