According to the public record, 74, Lincoln Avenue, Romford is a early-century freehold house with 893 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lincoln Avenue, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
74, Lincoln Avenue, Romford has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated October 2021.
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 74 Lincoln Avenue Romford as £442,822 and the rental value as £1,996 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 74 Lincoln Avenue Romford has decreased by £3,391 (0.8%) and its rental value has increased by £97 per month (4.8%).
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 74, Lincoln Avenue, Romford is in very good condition we estimate a sale value of £464,963 and rental value of £2,096 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,824 and a rental value of £1,856 per month.
If you were able to purchase this property for the estimated value of £442,822, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,176 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, 74, Lincoln Avenue, Romford sits on a plot of 277m2.
We have plot size data on 19 out of 43 other houses in the postcode and 74, Lincoln Avenue, Romford sits on the 15th largest plot.
According to HM Land Registry, 74, Lincoln Avenue, Romford was last sold on 13 May 2022 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Lincoln Avenue, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 200, Gorseway, Romford, RM7 0SH, a Freehold house which sold for £447,500 in Aug 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lincoln Avenue, Romford, RM7 has a total of 87 addresses. According to our analysis of all the public data, 74, Lincoln Avenue, Romford is the 54th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in RM7.
74, Lincoln Avenue, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Oct 2021.
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 74, Lincoln Avenue, Romford is Elm Park station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 74, Lincoln Avenue, Romford, 42.9% of property is privately owned outright and 41.1% 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 74, Lincoln Avenue, Romford, 19.2% of residents are recorded as possessing school level qualifications and 28.9% 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 74, Lincoln Avenue, Romford, the average age was 38.7 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 74, Lincoln Avenue, 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 74, Lincoln Avenue, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.