According to the public record, 79, Forest Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 892 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Forest Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
79, Forest Road, Romford has 21 entries in the Land Registry database, most recently in December 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 79 Forest Road Romford as £455,002 and the rental value as £1,947 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 79 Forest Road Romford has decreased by £4,019 (0.9%) and its rental value has increased by £96 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 79, Forest Road, Romford is in very good condition we estimate a sale value of £477,752 and rental value of £2,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,152 and a rental value of £1,810 per month.
If you were able to purchase this property for the estimated value of £455,002, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,236 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, 79, Forest Road, Romford was last sold on 20 Dec 2007 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2007, the market for similar properties has risen 79.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79, Forest Road, Romford within a radius of 670 metres over the last 2 years.
The most recent example is 46, Cross Road, Romford, RM7 8AU, a Freehold house which sold for £405,000 in Jan 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, 79, Forest Road, Romford is the 57th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in RM7.
The closest station to 79, 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 79, 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 79, 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 79, 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 79, 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 79, 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.