According to the public record, 7, Wheatsheaf Road, Romford is a early-century house with 1,087 ft2 of internal area and sits on a 200 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wheatsheaf Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
7, Wheatsheaf Road, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2012.
We combine this information with public data 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 Wheatsheaf Road Romford as £432,475 and the rental value as £2,204 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 7 Wheatsheaf Road Romford has increased by £307 (0.1%) and its rental value has increased by £134 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, Wheatsheaf Road, Romford is in very good condition we estimate a sale value of £454,099 and rental value of £2,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,202 and a rental value of £2,049 per month.
If you were able to purchase this property for the estimated value of £432,475, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,125 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, Wheatsheaf Road, Romford sits on a plot of 200m2.
We have plot size data on 4 out of 8 other houses in the postcode and 7, Wheatsheaf Road, Romford sits on the largest plot.
According to HM Land Registry, 7, Wheatsheaf Road, Romford was last sold on 03 Aug 2004 for £202,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Wheatsheaf Road, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 2, Queen Mary Close, Romford, RM1 2DQ, a Freehold house which sold for £517,500 in Mar 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatsheaf Road, Romford, RM1 has a total of 13 addresses. According to our analysis of all the public data, 7, Wheatsheaf Road, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in RM1.
7, Wheatsheaf Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2012.
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, Wheatsheaf Road, Romford is Romford station which is 0 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Wheatsheaf Road, Romford, 39.7% of property is privately rented and 33.8% 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, Wheatsheaf Road, Romford, 17.7% of residents are recorded as possessing school level qualifications and 36.4% 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, Wheatsheaf 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, Wheatsheaf Road, Romford, 1.2% 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, Wheatsheaf Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.