According to the public record, 49A, Saville Road, Romford is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 49, Saville Road, Romford, RM6.
Saville Road, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
49A, Saville Road, Romford has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated July 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 49A Saville Road Romford as £283,663 and the rental value as £1,445 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 49A Saville Road Romford has increased by £1,055 (0.4%) and its rental value has increased by £76 per month (5.3%).
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 49A, Saville Road, Romford is in very good condition we estimate a sale value of £297,846 and rental value of £1,518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,806 and a rental value of £1,344 per month.
If you were able to purchase this property for the estimated value of £283,663, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,394 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 HM Land Registry, 49A, Saville Road, Romford was last sold on 03 Dec 2021 for £255,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49A, Saville Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 10B, The Pinnacle 156-162, High Road, Romford, RM6 6PN, a Leasehold flat which sold for £230,000 in May 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saville Road, Romford, RM6 has a total of 98 addresses. According to our analysis of all the public data, 49A, Saville Road, Romford is the 72nd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in RM6.
49A, Saville Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 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 49A, Saville Road, Romford is Chadwell Heath station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 49A, Saville Road, Romford, 42.9% of property is privately owned with a mortgage and 24.1% is privately owned outright.
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 49A, Saville Road, Romford, 25.9% of residents are recorded as possessing school level qualifications and 40.6% 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 49A, Saville Road, Romford, the average age was 35.3 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 49A, Saville 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 49A, Saville Road, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.