According to the public record, 8, Lonsdale Avenue, Romford is a early-century freehold house with 925 ft2 of internal area and sits on a 261 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lonsdale Avenue, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
8, Lonsdale Avenue, Romford has a single entry in the Land Registry database from December 2023 and a single entry in the EPC database dated March 2023.
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 Lonsdale Avenue Romford as £448,737 and the rental value as £2,053 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Lonsdale Avenue Romford has decreased by £3,381 (0.8%) and its rental value has increased by £97 per month (4.7%).
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, Lonsdale Avenue, Romford is in very good condition we estimate a sale value of £471,174 and rental value of £2,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,325 and a rental value of £1,909 per month.
If you were able to purchase this property for the estimated value of £448,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,205 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, Lonsdale Avenue, Romford sits on a plot of 261m2.
We have plot size data on 9 out of 18 other houses in the postcode and 8, Lonsdale Avenue, Romford sits on the 4th largest plot.
According to HM Land Registry, 8, Lonsdale Avenue, Romford was last sold on 12 Dec 2023 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lonsdale Avenue, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 4, Burlington Avenue, Romford, RM7 9JD, a Freehold house which sold for £450,000 in May 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lonsdale Avenue, Romford, RM7 has a total of 22 addresses. According to our analysis of all the public data, 8, Lonsdale Avenue, Romford is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in RM7.
8, Lonsdale Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Mar 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Lonsdale Avenue, Romford is Romford station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Lonsdale Avenue, Romford, 41.9% of property is privately owned outright and 31.5% 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, Lonsdale Avenue, Romford, 17.2% of residents are recorded as possessing school level qualifications and 26.3% 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, Lonsdale Avenue, Romford, the average age was 35.1 and the most common age was 32.
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, Lonsdale 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, Lonsdale 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.