According to the public record, 77, Forest Road, Romford is a mid-century freehold house with 635 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Forest Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
77, Forest Road, Romford has 41 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated April 2012.
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 77 Forest Road Romford as £380,161 and the rental value as £1,645 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 77 Forest Road Romford has decreased by £318 (0.1%) and its rental value has increased by £95 per month (5.8%).
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 77, Forest Road, Romford is in very good condition we estimate a sale value of £399,170 and rental value of £1,727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,550 and a rental value of £1,530 per month.
If you were able to purchase this property for the estimated value of £380,161, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,868 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, 77, Forest Road, Romford sits on a plot of 198m2.
We have plot size data on 25 out of 43 other houses in the postcode and 77, Forest Road, Romford sits on the 23rd largest plot.
According to HM Land Registry, 77, Forest Road, Romford was last sold on 23 Mar 2017 for £387,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2017, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Forest Road, Romford within a radius of 670 metres over the last 2 years.
The most recent example is 65, Birch Road, Romford, RM7 8ER, a Freehold house which sold for £398,000 in Feb 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Road, Romford, RM7 has a total of 88 addresses. According to our analysis of all the public data, 77, Forest Road, Romford is the 83rd largest and the 71st most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in RM7.
77, Forest Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2012.
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 77, Forest 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 77, Forest Road, Romford, 39.0% of property is privately owned with a mortgage and 34.3% 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 77, Forest Road, Romford, 24.3% of residents are recorded as possessing school level qualifications and 25.6% 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 77, Forest Road, Romford, the average age was 38.3 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 77, Forest 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 77, Forest Road, 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.