According to the public record, 173A, Victoria Road, Romford is a period apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 173, Victoria Road, Romford, RM1.
Victoria Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
173A, Victoria Road, Romford has no records in the Land Registry database and a single entry in the EPC database dated October 2019.
We combine this information with public data 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 173A Victoria Road Romford as £236,226 and the rental value as £1,363 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 173A Victoria Road Romford has decreased by £2,161 (0.9%) and its rental value has increased by £70 per month (5.1%).
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 173A, Victoria Road, Romford is in very good condition we estimate a sale value of £248,037 and rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,690 and a rental value of £1,267 per month.
If you were able to purchase this property for the estimated value of £236,226, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,161 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 173A, Victoria Road, Romford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 2, Victoria Court, Victoria Road, Romford, RM1 2NU, a Leasehold flat which sold for £242,000 in Jul 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road, Romford, RM1 has a total of 351 addresses. According to our analysis of all the public data, 173A, Victoria Road, Romford is the 248th largest and the 204th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in RM1.
173A, Victoria Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Oct 2019.
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 173A, Victoria Road, Romford is Romford station which is 600 metres 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 173A, Victoria Road, Romford, 56.0% of property is privately rented and 19.3% 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 173A, Victoria Road, Romford, 19.1% of residents are recorded as possessing school level qualifications and 36.1% 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 173A, Victoria Road, Romford, the average age was 37 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 173A, Victoria Road, 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 173A, Victoria Road, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.