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55 Meadow Road is a residential building situated on Meadow Road, Romford, RM7 with 2 addresses.
It ranks as the 128th largest and 199th most expensive of the 305 buildings in the RM7 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
55 Meadow Road is a residential building situated on Meadow Road, Romford, RM7 with 2 addresses.
It ranks as the 128th largest and 199th most expensive of the 305 buildings in the RM7 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £270,236 for 2 bedroom leasehold flats (656 ft2) to £281,325 for 2 bedroom leasehold flats with a garden (710 ft2) .
Monthly rental prices range from £1,510 pcm for 2 bed flats to £1,564 pcm for 2 bed flats.
The gross rental yield is between 6.7% and 6.7%.
The average value per square foot is £404.
The last sale in 55 Meadow Road sold for £202,500 on 14th July 2015. Since then prices are up an average of 35.4%.
The current average value in the building is £275,780.
The 55 Meadow Road Sales Market has increased by 15.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0% | £275,780 |
| May 2025 | 2% | £275,648 |
| May 2024 | -0.3% | £270,170 |
| May 2023 | -0.4% | £271,095 |
| May 2022 | 6.5% | £272,238 |
| May 2021 | 4.2% | £255,658 |
| May 2020 | 1% | £245,391 |
| May 2019 | -1.8% | £243,067 |
| May 2018 | -0.1% | £247,622 |
| May 2017 | 3.6% | £247,783 |
| May 2016 | 20% | £239,129 |
| May 2015 | 12.1% | £199,342 |
| May 2014 | 11.4% | £177,809 |
| May 2013 | 2.3% | £159,589 |
| May 2012 | 1.3% | £155,976 |
| May 2011 | 0.2% | £154,021 |
| May 2010 | 4.8% | £153,771 |
| May 2009 | -16.1% | £146,673 |
| May 2008 | 2.4% | £174,900 |
| May 2007 | 0% | £170,746 |
The current average rental value in the building is £1,537.
The 55 Meadow Road Rental Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £1,537pcm |
| May 2025 | 1.8% | £1,501pcm |
| May 2024 | 11.9% | £1,475pcm |
| May 2023 | 13.5% | £1,317pcm |
| May 2022 | 3.3% | £1,160pcm |
| May 2021 | 1% | £1,123pcm |
| May 2020 | 2.2% | £1,112pcm |
| May 2019 | 0.1% | £1,088pcm |
| May 2018 | -2.9% | £1,087pcm |
| May 2017 | 0.1% | £1,120pcm |
| May 2016 | 7.7% | £1,119pcm |
| May 2015 | 8.6% | £1,040pcm |
| May 2014 | 3.2% | £957pcm |
| May 2013 | 4.8% | £927pcm |
| May 2012 | 2.5% | £885pcm |
| May 2011 | 4.8% | £863pcm |
| May 2010 | 2.2% | £824pcm |
| May 2009 | -5.3% | £807pcm |
| May 2008 | 7.7% | £852pcm |
| May 2007 | 0% | £791pcm |
The last sale was on 14th July 2015 for £202,500 and since then the market in the area has increased by 35.4%. The building has had a total of 5 sales since 1995.
55, Meadow Road, Romford, RM7 0LR has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 55, Meadow Road, Romford, RM7 0LR is Romford station which is 1.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 55, Meadow Road, Romford, RM7 0LR, 37.2% of property is privately owned with a mortgage and 35.2% 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 55, Meadow Road, Romford, RM7 0LR, 28.2% of residents are recorded as possessing school level qualifications and 27.5% 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 55, Meadow Road, Romford, RM7 0LR, the average age was 35.1 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 55, Meadow Road, Romford, RM7 0LR, 0.2% 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 55, Meadow Road, Romford, RM7 0LR, 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.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.