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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 238, Romford Road is a period leasehold house with 2,339 ft2 of internal area and sits on a 589 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 238, Romford Road is £973,201 and the estimated rental value is £4,297 per month.
Romford Road, London, E7 is located in the borough of Newham within the E7 postal district.
238, Romford Road has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated March 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 238, Romford Road is in very good condition we estimate a sale value of £1,021,861 and a rental value of £4,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £905,077 and a rental value of £3,996 per month.
Over the last 12 months the sale value of 238 Romford Road has decreased by an estimated £22,970 (2.4%) and its rental value has increased by an estimated £100 per month (2.3%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 238, Romford Road sits on a plot of 589m2.
We have plot size data on 3 out of 5 other houses in the postcode and 238, Romford Road sits on the 2nd largest plot.
238, Romford Road has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 11 Mar 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 238, Romford Road was last sold on 13th August 2009 for £390,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen 109.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 238, Romford Road within a radius of 340 metres over the last 2 years.
The most recent example is 18, Sprowston Road, London, E7 9AD, a freehold house which sold for £770,000 on the 18th June 2021.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E7 has a total of 861 addresses. According to our analysis of all the public data, 238, Romford Road is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £500k more expensive than the average property in E7.
The nearest school is Earlham Primary School which is 400 metres away. The nearest train station is Forest Gate which is 400 metres away.
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