According to the public record, 281D, Havering Road, Romford is a mid-century apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 281, Havering Road, Romford, RM1.
Havering Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
281D, Havering Road, Romford has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
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 281D Havering Road Romford as £175,886 and the rental value as £986 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 281D Havering Road Romford has decreased by £2,244 (1.3%) and its rental value has increased by £56 per month (5.7%).
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 281D, Havering Road, Romford is in very good condition we estimate a sale value of £184,680 and rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,574 and a rental value of £917 per month.
If you were able to purchase this property for the estimated value of £175,886, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £864 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 property sales within a 520 metres radius of 281D, Havering Road, Romford over the last 2 years.
The most recent example is 101, Faircross Avenue, Romford, RM5 3UB, a Freehold house which sold for £368,000 in Mar 2019.
Read more about house prices in RM1.
Havering Road, Romford, RM1 has a total of 433 addresses. According to our analysis of all the public data, 281D, Havering Road, Romford is the 427th largest and the 427th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in RM1.
281D, Havering Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2014.
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 281D, Havering Road, Romford is Romford station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 281D, Havering Road, Romford, 33.3% of property is privately owned with a mortgage and 31.9% 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 281D, Havering Road, Romford, 23.8% of residents are recorded as possessing school level qualifications and 19.2% 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 281D, Havering Road, Romford, the average age was 38.8 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 281D, Havering Road, Romford, 1.0% 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 281D, Havering Road, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.