According to the public record, 1C, Ferndale Road, Romford is a modern house with 710 ft2 of internal area and sits on a 370 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ferndale Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
1C, Ferndale Road, Romford has no records in the Land Registry database and a single entry in the EPC database dated November 2019.
We combine this information with public data 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 1C Ferndale Road Romford as £356,346 and the rental value as £1,732 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1C Ferndale Road Romford has decreased by £4,644 (1.3%) and its rental value has increased by £87 per month (5.0%).
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 1C, Ferndale Road, Romford is in very good condition we estimate a sale value of £374,163 and rental value of £1,819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,402 and a rental value of £1,611 per month.
If you were able to purchase this property for the estimated value of £356,346, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,751 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, 1C, Ferndale Road, Romford sits on a plot of 370m2.
We have plot size data on 23 out of 33 other houses in the postcode and 1C, Ferndale Road, Romford sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1C, Ferndale Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 51, Horndon Road, Romford, RM5 3EU, a Freehold house which sold for £425,000 in Jul 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferndale Road, Romford, RM5 has a total of 39 addresses. According to our analysis of all the public data, 1C, Ferndale Road, Romford is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in RM5.
1C, Ferndale Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 1C, Ferndale Road, Romford is Romford station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1C, Ferndale Road, Romford, 50.7% of property is privately owned with a mortgage and 31.0% 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 1C, Ferndale Road, Romford, 18.4% of residents are recorded as possessing school level qualifications and 27.4% 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 1C, Ferndale Road, Romford, the average age was 40.2 and the most common age was 42.
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 1C, Ferndale 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 1C, Ferndale Road, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.