According to the public record, 9, Moray Way, Romford is a mid-century freehold house with 990 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Moray Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
9, Moray Way, Romford has a single entry in the Land Registry database from January 2020 and a single entry in the EPC database dated August 2013.
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 9 Moray Way Romford as £489,457 and the rental value as £2,306 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 9 Moray Way Romford has decreased by £6,783 (1.4%) and its rental value has increased by £124 per month (5.4%).
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 9, Moray Way, Romford is in very good condition we estimate a sale value of £513,929 and rental value of £2,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,195 and a rental value of £2,145 per month.
If you were able to purchase this property for the estimated value of £489,457, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,406 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, 9, Moray Way, Romford sits on a plot of 240m2.
We have plot size data on 11 out of 22 other houses in the postcode and 9, Moray Way, Romford sits on the 11th largest plot.
According to HM Land Registry, 9, Moray Way, Romford was last sold on 17 Jan 2020 for £412,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Moray Way, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 18, Spey Way, Romford, RM1 4YS, a Freehold house which sold for £550,000 in Apr 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moray Way, Romford, RM1 has a total of 62 addresses. According to our analysis of all the public data, 9, Moray Way, Romford is the 47th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in RM1.
9, Moray Way, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2013.
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 9, Moray Way, Romford is Romford station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Moray Way, Romford, 48.8% of property is privately owned outright and 43.3% 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 9, Moray Way, Romford, 16.9% of residents are recorded as possessing school level qualifications and 25.8% 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 9, Moray Way, Romford, the average age was 44 and the most common age was 57.
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 9, Moray Way, Romford, 0.2% 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 9, Moray Way, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.