According to the public record, 71, Heather Way, Romford is a early-century freehold house with 1,485 ft2 of internal area and sits on a 367 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Heather Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
71, Heather Way, Romford has 21 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated August 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 71 Heather Way Romford as £547,724 and the rental value as £2,580 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 71 Heather Way Romford has decreased by £11,325 (2.1%) and its rental value has increased by £112 per month (4.4%).
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 71, Heather Way, Romford is in very good condition we estimate a sale value of £575,110 and rental value of £2,709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £509,383 and a rental value of £2,399 per month.
If you were able to purchase this property for the estimated value of £547,724, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,692 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, 71, Heather Way, Romford sits on a plot of 367m2.
We have plot size data on 23 out of 40 other houses in the postcode and 71, Heather Way, Romford sits on the 5th largest plot.
According to HM Land Registry, 71, Heather Way, Romford was last sold on 17 Dec 2018 for £453,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Heather Way, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 7, Deveron Way, Romford, RM1 4UL, a Freehold house which sold for £425,000 in Feb 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heather Way, Romford, RM1 has a total of 78 addresses. According to our analysis of all the public data, 71, Heather Way, Romford is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in RM1.
71, Heather Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Aug 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 71, Heather Way, Romford is Romford station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 71, Heather Way, Romford, 46.5% of property is privately owned with a mortgage and 42.6% 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 71, Heather Way, Romford, 17.6% of residents are recorded as possessing school level qualifications and 29.8% 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 71, Heather Way, Romford, the average age was 44 and the most common age was 57.
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 71, Heather Way, 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 71, Heather Way, Romford, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.