According to the public record, 74, St. Neots Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 861 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
St. Neots Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
74, St. Neots Road, Romford has a single entry in the Land Registry database from February 2007 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 74 St. Neots Road Romford as £381,983 and the rental value as £1,911 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 74 St. Neots Road Romford has decreased by £3,806 (1.0%) and its rental value has increased by £94 per month (4.9%).
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, St. Neots Road, Romford is in very good condition we estimate a sale value of £401,082 and rental value of £2,007 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,244 and a rental value of £1,777 per month.
If you were able to purchase this property for the estimated value of £381,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,877 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, 74, St. Neots Road, Romford was last sold on 13 Feb 2007 for £188,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 97.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, St. Neots Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 53, St. Neots Road, Romford, RM3 9LT, a Freehold house which sold for £340,000 in Feb 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Neots Road, Romford, RM3 has a total of 78 addresses. According to our analysis of all the public data, 74, St. Neots Road, Romford is the 34th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in RM3.
The closest station to 74, St. Neots Road, Romford is Harold Wood station which is 1.0 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 74, St. Neots Road, Romford, 45.1% of property is privately owned with a mortgage and 25.2% 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, St. Neots Road, Romford, 22.9% of residents are recorded as possessing school level qualifications and 30.0% 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, St. Neots Road, Romford, the average age was 35.9 and the most common age was 37.
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, St. Neots Road, Romford, 1.7% 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, St. Neots 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.