According to the public record, Goran, Romford is a mid-century freehold house with 1,302 ft2 of internal area and sits on a 176 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Noak Hill Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
Goran, Romford has a single entry in the Land Registry database from December 2022 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 Goran Romford as £563,346 and the rental value as £2,238 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Goran Romford has decreased by £15,226 (2.7%) and its rental value has increased by £71 per month (3.2%).
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 Goran, Romford is in very good condition we estimate a sale value of £591,513 and rental value of £2,350 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £523,912 and a rental value of £2,081 per month.
If you were able to purchase this property for the estimated value of £563,346, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,769 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, Goran, Romford sits on a plot of 176m2.
We have plot size data on 17 out of 27 other houses in the postcode and Goran, Romford sits on the 18th largest plot.
According to HM Land Registry, Goran, Romford was last sold on 16 Dec 2022 for £452,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Goran, Romford within a radius of 780 metres over the last 2 years.
The most recent example is 6, Tees Drive, Romford, RM3 9AJ, a Freehold house which sold for £710,000 in Oct 2022.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Noak Hill Road, Romford, RM3 has a total of 66 addresses. According to our analysis of all the public data, Goran, Romford is the 18th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £203k more expensive than the average property in RM3.
Goran, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 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 Goran, Romford is Harold Wood station which is 2.8 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 Goran, Romford, 83.8% of property is privately owned outright and 9.0% 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 Goran, Romford, 6.6% of residents are recorded as possessing school level qualifications and 16.9% 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 Goran, Romford, the average age was 38.4 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 Goran, 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 Goran, 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.