58A, Victoria Road, Romford has no records in the Land Registry database and a single entry in the EPC database dated February 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
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 58A, Victoria Road, Romford is in very good condition we estimate a sale value of £298,859 and rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,703 and a rental value of £1,370 per month.
If you were able to purchase this property for the estimated value of £284,627, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,399 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 58A, Victoria Road, Romford within a radius of 390 metres over the last 2 years.
The most recent example is Flat 82, Tolbut Court, Lennox Close, Romford, RM1 2DZ, a Leasehold flat which sold for £230,000 in Aug 2023.
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, 58A, Victoria Road, Romford is the 134th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in RM1.
58A, Victoria Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 58A, Victoria Road, Romford is a mid-century apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Victoria Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 58A Victoria Road Romford as £284,627 and the rental value as £1,473 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 58A Victoria Road Romford has decreased by £1,211 (0.4%) and its rental value has increased by £81 per month (5.5%).
The closest station to 58A, Victoria Road, Romford is Romford 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 58A, Victoria Road, Romford, 50.5% of property is privately rented and 19.9% 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 58A, Victoria Road, Romford, 20.7% of residents are recorded as possessing school level qualifications and 36.9% 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 58A, 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 58A, Victoria Road, Romford, 1.1% 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 58A, Victoria Road, Romford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.