According to the public record, 93, Lowshoe Lane, Romford is a mid-century freehold house with 796 ft2 of internal area and sits on a 208 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lowshoe Lane, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
93, Lowshoe Lane, Romford has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated September 2021.
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 93 Lowshoe Lane Romford as £383,738 and the rental value as £1,883 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 93 Lowshoe Lane Romford has decreased by £5,393 (1.4%) and its rental value has increased by £105 per month (5.6%).
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 93, Lowshoe Lane, Romford is in very good condition we estimate a sale value of £402,925 and rental value of £1,977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,876 and a rental value of £1,751 per month.
If you were able to purchase this property for the estimated value of £383,738, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,886 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, 93, Lowshoe Lane, Romford sits on a plot of 208m2.
We have plot size data on 13 out of 15 other houses in the postcode and 93, Lowshoe Lane, Romford sits on the 5th largest plot.
According to HM Land Registry, 93, Lowshoe Lane, Romford was last sold on 21 Feb 2022 for £435,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has dropped 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 93, Lowshoe Lane, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 85, Lowshoe Lane, Romford, RM5 2AS, a Freehold house which sold for £380,000 in Mar 2022.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lowshoe Lane, Romford, RM5 has a total of 84 addresses. According to our analysis of all the public data, 93, Lowshoe Lane, Romford is the 63rd largest and the 68th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in RM5.
93, Lowshoe Lane, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2021.
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 93, Lowshoe Lane, Romford is Romford station which is 3.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 93, Lowshoe Lane, Romford, 34.2% of property is privately owned outright and 29.0% is socially 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 93, Lowshoe Lane, Romford, 23.8% of residents are recorded as possessing school level qualifications and 22.4% 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 93, Lowshoe Lane, 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 93, Lowshoe Lane, 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 93, Lowshoe Lane, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.