According to the public record, 8, Cedar Avenue, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 771 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cedar Avenue, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
8, Cedar Avenue, Romford has a single entry in the Land Registry database from November 2014 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 8 Cedar Avenue Romford as £427,481 and the rental value as £1,958 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Cedar Avenue Romford has decreased by £1,902 (0.4%) and its rental value has increased by £86 per month (4.4%).
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, Cedar Avenue, Romford is in very good condition we estimate a sale value of £448,855 and rental value of £2,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,557 and a rental value of £1,821 per month.
If you were able to purchase this property for the estimated value of £427,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,101 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, 8, Cedar Avenue, Romford was last sold on 28 Nov 2014 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 44.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cedar Avenue, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 4, Portland Gardens, Romford, RM6 5UJ, a Freehold house which sold for £425,000 in Mar 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Avenue, Romford, RM6 has a total of 10 addresses. According to our analysis of all the public data, 8, Cedar Avenue, Romford is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in RM6.
The closest station to 8, Cedar Avenue, Romford is Chadwell Heath station which is 1.4 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, Cedar Avenue, Romford, 47.0% of property is privately owned outright and 38.5% 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, Cedar Avenue, Romford, 25.1% of residents are recorded as possessing school level qualifications and 30.6% 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 8, Cedar Avenue, Romford, the average age was 34.1 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 8, Cedar Avenue, Romford, 0.9% 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, Cedar Avenue, 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.