According to the public record, 7, Albert Road, Romford is a period house with 635 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Albert Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
7, Albert Road, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Albert Road Romford as £320,057 and the rental value as £1,681 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 7 Albert Road Romford has increased by £267 (0.1%) and its rental value has increased by £102 per month (6.1%).
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 7, Albert Road, Romford is in very good condition we estimate a sale value of £336,059 and rental value of £1,765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,653 and a rental value of £1,564 per month.
If you were able to purchase this property for the estimated value of £320,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,573 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, 7, Albert Road, Romford sits on a plot of 149m2.
We have plot size data on 13 out of 19 other houses in the postcode and 7, Albert Road, Romford sits on the 7th largest plot.
According to HM Land Registry, 7, Albert Road, Romford was last sold on 18 Feb 1998 for £37,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Albert Road, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 54, Albert Road, Romford, RM1 2PP, a Freehold house which sold for £310,000 in Oct 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Romford, RM1 has a total of 122 addresses. According to our analysis of all the public data, 7, Albert Road, Romford is the 83rd largest and the 81st most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in RM1.
7, Albert Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2019.
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 7, Albert Road, Romford is Romford station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Albert Road, Romford, 36.0% of property is privately rented and 30.2% is privately owned with a mortgage.
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 7, Albert Road, Romford, 19.0% of residents are recorded as possessing school level qualifications and 42.2% 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 7, Albert Road, Romford, the average age was 36.6 and the most common age was 32.
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 7, Albert 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 7, Albert Road, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.