According to the public record, 92, Cedar Road, Romford is a early-century freehold house with 785 ft2 of internal area and sits on a 211 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cedar Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
92, Cedar Road, Romford has 21 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated April 2018.
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 92 Cedar Road Romford as £390,605 and the rental value as £1,857 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 92 Cedar Road Romford has decreased by £3,100 (0.8%) and its rental value has increased by £92 per month (5.0%).
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 92, Cedar Road, Romford is in very good condition we estimate a sale value of £410,135 and rental value of £1,950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,263 and a rental value of £1,727 per month.
If you were able to purchase this property for the estimated value of £390,605, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,920 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, 92, Cedar Road, Romford sits on a plot of 211m2.
We have plot size data on 13 out of 21 other houses in the postcode and 92, Cedar Road, Romford sits on the 10th largest plot.
According to HM Land Registry, 92, Cedar Road, Romford was last sold on 31 Jul 2018 for £370,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 92, Cedar Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 1, Oak Street, Romford, RM7 7BS, a Freehold house which sold for £392,500 in Nov 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Road, Romford, RM7 has a total of 110 addresses. According to our analysis of all the public data, 92, Cedar Road, Romford is the 92nd largest and the 85th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in RM7.
92, Cedar Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2018.
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 92, Cedar Road, 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 92, Cedar Road, Romford, 39.2% of property is socially rented and 25.8% 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 92, Cedar Road, Romford, 18.7% of residents are recorded as possessing school level qualifications and 23.1% 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 92, Cedar 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 92, Cedar Road, Romford, 0.7% 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 92, Cedar Road, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.