According to the public record, 8, Bell Avenue, Romford is a mid-century freehold house with 990 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bell Avenue, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
8, Bell Avenue, Romford has 2 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated June 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 8 Bell Avenue Romford as £415,393 and the rental value as £1,910 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Bell Avenue Romford has decreased by £2,389 (0.6%) and its rental value has increased by £106 per month (5.5%).
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 8, Bell Avenue, Romford is in very good condition we estimate a sale value of £436,162 and rental value of £2,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,315 and a rental value of £1,777 per month.
If you were able to purchase this property for the estimated value of £415,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,042 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, 8, Bell Avenue, Romford sits on a plot of 218m2.
We have plot size data on 9 out of 13 other houses in the postcode and 8, Bell Avenue, Romford sits on the 6th largest plot.
According to HM Land Registry, 8, Bell Avenue, Romford was last sold on 10 Feb 2016 for £285,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2016, the market for similar properties has risen 21.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bell Avenue, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 43, Byron Way, Romford, RM3 7PR, a Freehold house which sold for £450,000 in Apr 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bell Avenue, Romford, RM3 has a total of 147 addresses. According to our analysis of all the public data, 8, Bell Avenue, Romford is the 11th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in RM3.
8, Bell Avenue, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 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 8, Bell Avenue, Romford is Gidea Park station which is 1.5 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 8, Bell Avenue, Romford, 36.8% of property is socially rented and 29.3% 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 8, Bell Avenue, Romford, 24.1% of residents are recorded as possessing school level qualifications and 23.2% 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 8, Bell Avenue, Romford, the average age was 37.6 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 8, Bell Avenue, Romford, 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 8, Bell Avenue, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.