According to the public record, 7, Drummond Road, Romford is a period freehold house with 742 ft2 of internal area and sits on a 147 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Drummond Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
7, Drummond Road, Romford has 4 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated August 2018.
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 7 Drummond Road Romford as £365,681 and the rental value as £1,808 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 7 Drummond Road Romford has decreased by £2,902 (0.8%) and its rental value has increased by £90 per month (5.0%).
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, Drummond Road, Romford is in very good condition we estimate a sale value of £383,965 and rental value of £1,899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,084 and a rental value of £1,682 per month.
If you were able to purchase this property for the estimated value of £365,681, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,797 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, Drummond Road, Romford sits on a plot of 147m2.
We have plot size data on 30 out of 44 other houses in the postcode and 7, Drummond Road, Romford sits on the 17th largest plot.
According to HM Land Registry, 7, Drummond Road, Romford was last sold on 30 Nov 2018 for £350,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2018, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Drummond Road, Romford within a radius of 410 metres over the last 2 years.
The most recent example is 53, Drummond Road, Romford, RM7 7EJ, 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.
Drummond Road, Romford, RM7 has a total of 134 addresses. According to our analysis of all the public data, 7, Drummond Road, Romford is the 92nd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in RM7.
7, Drummond Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2018.
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, Drummond Road, Romford is Romford station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Drummond Road, Romford, 36.2% 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 7, Drummond Road, Romford, 16.8% of residents are recorded as possessing school level qualifications and 25.1% 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, Drummond Road, 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 7, Drummond 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, Drummond Road, Romford, there are an average of 1.1 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.