According to the public record, 85, Mildmay Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 829 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mildmay Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
85, Mildmay Road, Romford has a single entry in the Land Registry database from October 2008 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 85 Mildmay Road Romford as £404,385 and the rental value as £1,958 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 85 Mildmay Road Romford has decreased by £2,560 (0.6%) 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 85, Mildmay Road, Romford is in very good condition we estimate a sale value of £424,605 and rental value of £2,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,078 and a rental value of £1,820 per month.
If you were able to purchase this property for the estimated value of £404,385, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,987 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, 85, Mildmay Road, Romford was last sold on 23 Oct 2008 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 108.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Mildmay Road, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 95, Mildmay Road, Romford, RM7 7BT, a Freehold house which sold for £470,000 in Oct 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mildmay Road, Romford, RM7 has a total of 136 addresses. According to our analysis of all the public data, 85, Mildmay Road, Romford is the 112th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in RM7.
The closest station to 85, Mildmay Road, Romford is Romford station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 85, Mildmay Road, Romford, 36.8% of property is privately owned with a mortgage and 33.3% is privately 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 85, Mildmay Road, Romford, 22.9% of residents are recorded as possessing school level qualifications and 33.3% 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 85, Mildmay 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 85, Mildmay Road, 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 85, Mildmay Road, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.