According to the public record, 74, Percy Road, Romford is a early-century freehold house with 1,184 ft2 of internal area and sits on a 384 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Percy Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
74, Percy Road, Romford has 2 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated April 2019.
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 Percy Road Romford as £492,974 and the rental value as £2,154 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 74 Percy Road Romford has decreased by £12,444 (2.5%) and its rental value has increased by £79 per month (3.7%).
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, Percy Road, Romford is in very good condition we estimate a sale value of £517,623 and rental value of £2,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,466 and a rental value of £2,004 per month.
If you were able to purchase this property for the estimated value of £492,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,423 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, Percy Road, Romford sits on a plot of 384m2.
We have plot size data on 30 out of 54 other houses in the postcode and 74, Percy Road, Romford sits on the 4th largest plot.
According to HM Land Registry, 74, Percy Road, Romford was last sold on 22 Jun 2017 for £375,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Percy Road, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 386, Mawney Road, Romford, RM7 8QP, a Freehold house which sold for £540,000 in Jan 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Percy Road, Romford, RM7 has a total of 83 addresses. According to our analysis of all the public data, 74, Percy Road, Romford is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in RM7.
74, Percy Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2019.
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, Percy Road, Romford is Romford station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 74, Percy Road, Romford, 43.3% of property is privately owned with a mortgage and 36.7% 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 74, Percy Road, Romford, 19.2% of residents are recorded as possessing school level qualifications and 31.3% 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, Percy 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 74, Percy Road, Romford, 1.0% 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, Percy 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.