According to the public record, 10B, Milton Road, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 836 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Milton Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
10B, Milton Road, Romford has 4 entries in the Land Registry database, most recently in September 2014 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 10B Milton Road Romford as £394,626 and the rental value as £2,019 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 10B Milton Road Romford has increased by £280 (0.1%) and its rental value has increased by £123 per month (6.1%).
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 10B, Milton Road, Romford is in very good condition we estimate a sale value of £414,358 and rental value of £2,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,003 and a rental value of £1,877 per month.
If you were able to purchase this property for the estimated value of £394,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,939 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, 10B, Milton Road, Romford was last sold on 08 Sep 2014 for £250,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2014, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10B, Milton Road, Romford within a radius of 410 metres over the last 2 years.
The most recent example is 6, Milton Road, Romford, RM1 2QB, a Freehold house which sold for £365,000 in Sep 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milton Road, Romford, RM1 has a total of 36 addresses. According to our analysis of all the public data, 10B, Milton Road, Romford is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £537 more expensive than the average property in RM1.
The closest station to 10B, Milton Road, Romford is Gidea Park station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 10B, Milton Road, Romford, 38.1% of property is privately owned with a mortgage and 28.0% is privately 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 10B, Milton Road, Romford, 19.1% of residents are recorded as possessing school level qualifications and 33.7% 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 10B, Milton Road, Romford, the average age was 36.6 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 10B, Milton Road, Romford, 1.9% 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 10B, Milton Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.