According to the public record, 98, London Road, Romford is a early-century freehold house with 1,065 ft2 of internal area and sits on a 195 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
London Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
98, London Road, Romford has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated October 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 98 London Road Romford as £388,728 and the rental value as £2,035 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 98 London Road Romford has decreased by £6,350 (1.6%) and its rental value has increased by £78 per month (3.8%).
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 98, London Road, Romford is in very good condition we estimate a sale value of £408,164 and rental value of £2,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,517 and a rental value of £1,892 per month.
If you were able to purchase this property for the estimated value of £388,728, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,910 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, 98, London Road, Romford sits on a plot of 195m2.
We have plot size data on 11 out of 15 other houses in the postcode and 98, London Road, Romford sits on the 13th largest plot.
According to HM Land Registry, 98, London Road, Romford was last sold on 10 Mar 2022 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98, London Road, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 52, Sheringham Avenue, Romford, RM7 9DR, a Freehold house which sold for £391,000 in Nov 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Romford, RM7 has a total of 479 addresses. According to our analysis of all the public data, 98, London Road, Romford is the 24th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in RM7.
98, London Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Oct 2012.
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 98, London Road, Romford is Romford station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 98, London Road, Romford, 34.6% of property is privately rented and 26.3% 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 98, London Road, Romford, 23.3% of residents are recorded as possessing school level qualifications and 35.3% 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 98, London Road, Romford, the average age was 35.1 and the most common age was 32.
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 98, London Road, 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 98, London Road, 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.