According to the public record, 86, Percy Road, Romford is a early-century freehold house with 947 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Percy Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
86, Percy Road, Romford has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated April 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 86 Percy Road Romford as £438,407 and the rental value as £1,950 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 86 Percy Road Romford has decreased by £6,496 (1.5%) and its rental value has increased by £93 per month (4.8%).
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 86, Percy Road, Romford is in very good condition we estimate a sale value of £460,328 and rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,719 and a rental value of £1,814 per month.
If you were able to purchase this property for the estimated value of £438,407, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,155 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, 86, Percy Road, Romford sits on a plot of 383m2.
We have plot size data on 30 out of 54 other houses in the postcode and 86, Percy Road, Romford sits on the 5th largest plot.
According to HM Land Registry, 86, Percy Road, Romford was last sold on 18 Aug 2022 for £470,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Percy Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 92, Percy Road, Romford, RM7 8RA, a Freehold house which sold for £430,500 in Apr 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Percy Road, Romford, RM7 has a total of 83 addresses. According to our analysis of all the public data, 86, Percy Road, Romford is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in RM7.
86, Percy Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 86, Percy 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 86, Percy Road, Romford, 43.3% of property is privately owned with a mortgage and 36.7% 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 86, Percy Road, Romford, 19.2% of residents are recorded as possessing school level qualifications and 31.3% 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 86, Percy Road, Romford, the average age was 40.2 and the most common age was 42.
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 86, Percy Road, Romford, 1.0% 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 86, Percy Road, 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.