According to the public record, 78, Seymer Road, Romford is a early-century freehold house with 850 ft2 of internal area and sits on a 307 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Seymer Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
78, Seymer Road, Romford has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated November 2022.
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 Seymer Road Romford as £417,945 and the rental value as £2,016 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 78 Seymer Road Romford has decreased by £3,233 (0.8%) and its rental value has increased by £107 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, Seymer Road, Romford is in very good condition we estimate a sale value of £438,842 and rental value of £2,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,689 and a rental value of £1,875 per month.
If you were able to purchase this property for the estimated value of £417,945, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,054 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, Seymer Road, Romford sits on a plot of 307m2.
We have plot size data on 36 out of 62 other houses in the postcode and 78, Seymer Road, Romford sits on the 28th largest plot.
According to HM Land Registry, 78, Seymer Road, Romford was last sold on 20 Jan 2023 for £435,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Seymer Road, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 93, Dorset Avenue, Romford, RM1 4JB, a Freehold house which sold for £340,000 in Feb 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seymer Road, Romford, RM1 has a total of 146 addresses. According to our analysis of all the public data, 78, Seymer Road, Romford is the 117th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in RM1.
78, Seymer Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Nov 2022.
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, Seymer Road, Romford is Romford station which is 1.3 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 78, Seymer Road, Romford, 42.1% of property is privately owned with a mortgage and 33.6% 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 78, Seymer Road, Romford, 23.1% of residents are recorded as possessing school level qualifications and 30.4% 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, Seymer 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 78, Seymer Road, Romford, 0.5% 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, Seymer 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.