According to the public record, Underwoods, Romford is a mid-century freehold house and with 1,109 ft2 of internal area and sits on a 12,507 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Nupers Hatch, Stapleford Abbotts, Romford, RM4 is located in the borough of Epping Forest within the RM4 postal district.
Underwoods, Romford has 2 entries in the Land Registry database, most recently in June 2021 and no records in the EPC database.
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 Underwoods Romford as £765,495 and the rental value as £2,585 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Underwoods Romford has increased by £9,515 (1.2%) and its rental value has increased by £104 per month (4.0%).
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 Underwoods, Romford is in very good condition we estimate a sale value of £803,769 and rental value of £2,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £711,910 and a rental value of £2,404 per month.
If you were able to purchase this property for the estimated value of £765,495, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,762 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, Underwoods, Romford sits on a plot of 12507m2.
We have plot size data on 4 out of 6 other houses in the postcode and Underwoods, Romford sits on the largest plot.
According to HM Land Registry, Underwoods, Romford was last sold on 10 Jun 2021 for £840,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Underwoods, Romford within a radius of 655m over the last 2 years.
The most recent example is Ralwyn, Oak Hill Road, Romford, RM4 1EH, a Freehold house which sold for £540,000 in Mar 2016.
Read more about house prices in RM4.
Nupers Hatch, Stapleford Abbotts, Romford, RM4 has a total of 7 addresses. According to our analysis of all the public data, Underwoods, Romford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in RM4.
Underwoods, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jan 2009.
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 Underwoods, Romford is Harold Wood station which is 5.5 km 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 Underwoods, Romford, 38.6% of property is privately owned outright and 27.5% 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 Underwoods, Romford, 14.9% of residents are recorded as possessing school level qualifications and 22.9% 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 Underwoods, Romford, the average age was 44.3 and the most common age was 57.
The graph below shows how this compares to East of England 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 Underwoods, Romford, 0.0% of property was a second home.
Comparison figures for East of England 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 Underwoods, Romford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.