According to the public record, 78, Parkside Avenue, Romford is a early-century freehold house with 914 ft2 of internal area and sits on a 296 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parkside Avenue, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
78, Parkside Avenue, Romford has 21 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated August 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 78 Parkside Avenue Romford as £431,980 and the rental value as £2,079 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 78 Parkside Avenue Romford has decreased by £3,342 (0.8%) and its rental value has increased by £110 per month (5.3%).
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 78, Parkside Avenue, Romford is in very good condition we estimate a sale value of £453,579 and rental value of £2,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,741 and a rental value of £1,934 per month.
If you were able to purchase this property for the estimated value of £431,980, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,123 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, 78, Parkside Avenue, Romford sits on a plot of 296m2.
We have plot size data on 13 out of 28 other houses in the postcode and 78, Parkside Avenue, Romford sits on the 5th largest plot.
According to HM Land Registry, 78, Parkside Avenue, Romford was last sold on 07 Dec 2021 for £505,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Parkside Avenue, Romford within a radius of 540 metres over the last 2 years.
The most recent example is 82, Parkside Avenue, Romford, RM1 4NH, a Freehold house which sold for £445,000 in Dec 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkside Avenue, Romford, RM1 has a total of 204 addresses. According to our analysis of all the public data, 78, Parkside Avenue, Romford is the 110th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in RM1.
78, Parkside Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Aug 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 78, Parkside Avenue, Romford is Romford station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 78, Parkside Avenue, Romford, 49.6% of property is privately owned outright and 38.7% 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 78, Parkside Avenue, Romford, 18.4% of residents are recorded as possessing school level qualifications and 28.5% 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 78, Parkside Avenue, 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 78, Parkside Avenue, Romford, 0.6% 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 78, Parkside Avenue, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.