According to the public record, 2B, Grange Road, Romford is a mid-century freehold house with 1,033 ft2 of internal area and sits on a 175 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grange Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
2B, Grange Road, Romford has 41 entries in the Land Registry database, most recently in December 2011 and a single entry in the EPC database dated October 2019.
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 2B Grange Road Romford as £415,433 and the rental value as £1,965 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 2B Grange Road Romford has decreased by £2,389 (0.6%) and its rental value has increased by £109 per month (5.5%).
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 2B, Grange Road, Romford is in very good condition we estimate a sale value of £436,205 and rental value of £2,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,353 and a rental value of £1,828 per month.
If you were able to purchase this property for the estimated value of £415,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,042 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, 2B, Grange Road, Romford sits on a plot of 175m2.
We have plot size data on 15 out of 21 other houses in the postcode and 2B, Grange Road, Romford sits on the 12th largest plot.
According to HM Land Registry, 2B, Grange Road, Romford was last sold on 02 Dec 2011 for £185,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2011, the market for similar properties has risen 92.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Grange Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 238, Straight Road, Romford, RM3 8XT, a Freehold house which sold for £435,000 in May 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Road, Romford, RM3 has a total of 122 addresses. According to our analysis of all the public data, 2B, Grange Road, Romford is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in RM3.
2B, Grange Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2019.
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 2B, Grange Road, Romford is Harold Wood station which is 2.1 kilometres 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 2B, Grange Road, Romford, 46.5% of property is privately owned with a mortgage and 38.8% 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 2B, Grange Road, Romford, 18.1% of residents are recorded as possessing school level qualifications and 28.4% 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 2B, Grange Road, Romford, the average age was 37.6 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 2B, Grange 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 2B, Grange 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.