224 Road, Romford
224 Road, Romford
Description & Estimates
224 Road, Romford is recorded publicly as a period freehold house across 614 ft2 of internal area, sitting on a 176 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 224 Road, Romford is £356,258 and its rental estimate is £1,701 per month, given the available information and assuming reasonable condition.
London Road, Romford, RM7 falls within the RM7 postal district, in the borough of Havering.
Our Data Sources
224 Road, Romford has 21 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated June 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 224 Road, Romford, we estimate a market value of £374,070 and a rental value of £1,786 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £331,320 and £1,582 per month respectively.
Recent Market Change
Over the last year, 224 Road, Romford has seen its estimated sale value move up by £7,816 (2.2%) and its estimated rental value increase by £80 per month (4.7%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 224 Road, Romford as measuring 176 m2.
That makes it the 23rd largest plot in the postcode, where 26 of the 28 other houses have recorded plot data.
Energy Efficiency
224 Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jun 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 224 Road, Romford completed on 30th September 2015 at £220,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 53.3% over the period since September 2015.
- Sold Sep 2015£220,000
- Sold Apr 1997£50,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 224 Road, Romford have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2024, was 232, London Road, Romford, RM7 9ER, a freehold house which sold for £370,000.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 489 addresses on London Road, Romford, RM7, 224 Road, Romford comes out as the 273rd largest and the 101st most expensive in our analysis of the public data.
It is also £41k less expensive than the average property across the RM7 district.
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Schools Nearby
- 200mCrowlands Primary School
- 700mThe Mawney Foundation School
- 700mConcordia Academy
- 900mSt Edward's Church of England Academy
- 1.7kmAll Saints Catholic School and Technology College
- 1.8kmThe Warren School
More reading links
Public Transport Nearby
From 224 Road, Romford, the nearest station is Romford, 1.1 kilometres away.
- 1.1kmRomford
- 2.7kmChadwell Heath
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
