According to the public record, 25A, Essex Road, Romford is a early-century house with 409 ft2 of internal area and sits on a 426 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Essex Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
25A, Essex Road, Romford has no records in the Land Registry database and a single entry in the EPC database dated July 2012.
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 25A Essex Road Romford as £288,329 and the rental value as £1,314 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 25A Essex Road Romford has increased by £226 (0.1%) and its rental value has increased by £79 per month (6.0%).
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 25A, Essex Road, Romford is in very good condition we estimate a sale value of £302,745 and rental value of £1,379 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,146 and a rental value of £1,222 per month.
If you were able to purchase this property for the estimated value of £288,329, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,417 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, 25A, Essex Road, Romford sits on a plot of 426m2.
We have plot size data on 27 out of 45 other houses in the postcode and 25A, Essex Road, Romford sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25A, Essex Road, Romford within a radius of 610 metres over the last 2 years.
The most recent example is 93, Birch Close, Romford, RM7 8EU, a Freehold house which sold for £410,000 in Feb 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Essex Road, Romford, RM7 has a total of 148 addresses. According to our analysis of all the public data, 25A, Essex Road, Romford is the 148th largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in RM7.
25A, Essex Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 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 25A, Essex Road, Romford is Romford station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 25A, Essex Road, Romford, 43.1% of property is privately owned outright and 37.5% 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 25A, Essex Road, Romford, 23.6% of residents are recorded as possessing school level qualifications and 26.3% 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 25A, Essex 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 25A, Essex 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 25A, Essex Road, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.