According to the public record, 7, Rodney Way, Romford is a mid-century freehold house with 1,140 ft2 of internal area and sits on a 392 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rodney Way, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
7, Rodney Way, Romford has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated June 2024.
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 Rodney Way Romford as £504,452 and the rental value as £2,206 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 7 Rodney Way Romford has decreased by £12,729 (2.5%) and its rental value has increased by £91 per month (4.1%).
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, Rodney Way, Romford is in very good condition we estimate a sale value of £529,675 and rental value of £2,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,141 and a rental value of £2,052 per month.
If you were able to purchase this property for the estimated value of £504,452, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,479 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, Rodney Way, Romford sits on a plot of 392m2.
We have plot size data on 11 out of 29 other houses in the postcode and 7, Rodney Way, Romford sits on the largest plot.
According to HM Land Registry, 7, Rodney Way, Romford was last sold on 08 Oct 2014 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 44.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Rodney Way, Romford within a radius of 610 metres over the last 2 years.
The most recent example is 119, Lynton Avenue, Romford, RM7 8NH, a Freehold house which sold for £525,000 in Mar 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rodney Way, Romford, RM7 has a total of 62 addresses. According to our analysis of all the public data, 7, Rodney Way, Romford is the 4th largest and the most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in RM7.
7, Rodney Way, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2024.
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, Rodney Way, Romford is Romford station which is 2.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Rodney Way, Romford, 40.0% of property is privately owned with a mortgage and 33.1% 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, Rodney Way, Romford, 20.9% of residents are recorded as possessing school level qualifications and 20.6% 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 7, Rodney Way, 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, Rodney Way, Romford, 1.1% 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, Rodney Way, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.