According to the public record, 72, Havering Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,445 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Havering Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
72, Havering Road, Romford has 31 entries in the Land Registry database, most recently in August 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 72 Havering Road Romford as £553,816 and the rental value as £2,547 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 72 Havering Road Romford has decreased by £10,172 (1.8%) and its rental value has increased by £109 per month (4.3%).
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 72, Havering Road, Romford is in very good condition we estimate a sale value of £581,507 and rental value of £2,675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,049 and a rental value of £2,369 per month.
If you were able to purchase this property for the estimated value of £553,816, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,722 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 HM Land Registry, 72, Havering Road, Romford was last sold on 27 Aug 2010 for £325,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2010, the market for similar properties has risen 78.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Havering Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 26A, Hamilton Avenue, Romford, RM1 4RP, a Freehold house which sold for £600,000 in Nov 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Havering Road, Romford, RM1 has a total of 433 addresses. According to our analysis of all the public data, 72, Havering Road, Romford is the 25th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in RM1.
The closest station to 72, Havering Road, Romford is Romford station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 72, Havering Road, Romford, 43.6% of property is privately owned with a mortgage and 40.3% 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 72, Havering Road, Romford, 21.4% of residents are recorded as possessing school level qualifications and 28.7% 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 72, Havering Road, Romford, the average age was 40.2 and the most common age was 42.
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 72, Havering Road, 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 72, Havering Road, 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.