According to the public record, 9, Smithsland Road, Romford is a modern freehold house with 936 ft2 of internal area and sits on a 195 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Smithsland Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
9, Smithsland Road, Romford has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated October 2015.
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 Smithsland Road Romford as £408,369 and the rental value as £1,992 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 9 Smithsland Road Romford has decreased by £5,661 (1.4%) and its rental value has increased by £90 per month (4.5%).
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, Smithsland Road, Romford is in very good condition we estimate a sale value of £428,787 and rental value of £2,092 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,783 and a rental value of £1,852 per month.
If you were able to purchase this property for the estimated value of £408,369, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,007 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, Smithsland Road, Romford sits on a plot of 195m2.
We have plot size data on 20 out of 20 other houses in the postcode and 9, Smithsland Road, Romford sits on the 8th largest plot.
According to HM Land Registry, 9, Smithsland Road, Romford was last sold on 27 Nov 2015 for £345,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 31.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Smithsland Road, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 7, Smithsland Road, Romford, RM3 9FF, a Freehold house which sold for £392,500 in Jul 2022.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smithsland Road, Romford, RM3 has a total of 29 addresses. According to our analysis of all the public data, 9, Smithsland Road, Romford is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in RM3.
9, Smithsland Road, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Oct 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 9, Smithsland Road, Romford is Harold Wood 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 9, Smithsland Road, Romford, 82.4% of property is socially rented and 8.3% 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, Smithsland Road, Romford, 37.1% of residents are recorded as possessing school level qualifications and 19.8% 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, Smithsland Road, Romford, the average age was 35.9 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 9, Smithsland Road, Romford, 0.3% 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, Smithsland Road, Romford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.