According to the public record, 788, Romford Road, London is a period house with 1,054 ft2 of internal area and sits on a 146 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Romford Road, London, E12 is located in the borough of Newham within the E12 postal district.
788, Romford Road, London has no records in the Land Registry database and a single entry in the EPC database dated April 2023.
We combine this information with public data 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 788 Romford Road London as £505,392 and the rental value as £2,404 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 788 Romford Road London has increased by £10,706 (2.1%) and its rental value has increased by £120 per month (5.0%).
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 788, Romford Road, London is in very good condition we estimate a sale value of £530,662 and rental value of £2,525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,015 and a rental value of £2,236 per month.
If you were able to purchase this property for the estimated value of £505,392, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,484 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, 788, Romford Road, London sits on a plot of 146m2.
We have plot size data on 9 out of 10 other houses in the postcode and 788, Romford Road, London sits on the 15th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 788, Romford Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 17, Sixth Avenue, London, E12 5PP, a Freehold house which sold for £537,500 in Dec 2022.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E12 has a total of 521 addresses. According to our analysis of all the public data, 788, Romford Road, London is the 44th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in E12.
788, Romford Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2023.
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 788, Romford Road, London is Manor Park station which is 800 metres 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 788, Romford Road, London, 63.2% of property is privately rented and 22.1% is socially rented.
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 788, Romford Road, London, 30.3% of residents are recorded as possessing school level qualifications and 26.8% 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 788, Romford Road, London, the average age was 32.4 and the most common age was 12.
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 788, Romford Road, London, 0.0% 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 788, Romford Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.