According to the public record, 554A, Romford Road, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,511 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Romford Road, London, E12 is located in the borough of Newham within the E12 postal district.
554A, Romford Road, London has 21 entries in the Land Registry database, most recently in September 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 554A Romford Road London as £692,238 and the rental value as £2,931 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 554A Romford Road London has increased by £10,806 (1.6%) and its rental value has increased by £103 per month (3.5%).
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 554A, Romford Road, London is in very good condition we estimate a sale value of £726,849 and rental value of £3,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £643,781 and a rental value of £2,725 per month.
If you were able to purchase this property for the estimated value of £692,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,402 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, 554A, Romford Road, London was last sold on 12 Sep 2008 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2008, the market for similar properties has risen 121.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 554A, Romford Road, London within a radius of 390 metres over the last 2 years.
The most recent example is 7, Wentworth Road, London, E12 5BD, a Freehold house which sold for £795,000 in Aug 2022.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E12 has a total of 521 addresses. According to our analysis of all the public data, 554A, Romford Road, London is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £267k more expensive than the average property in E12.
The closest station to 554A, Romford Road, London is Woodgrange Park station which is 100 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 554A, Romford Road, London, 60.7% of property is privately rented and 25.2% 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 554A, Romford Road, London, 28.1% of residents are recorded as possessing school level qualifications and 32.9% 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 554A, Romford Road, London, the average age was 32.7 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 554A, Romford Road, London, 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 554A, Romford Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.