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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, 426, Romford Road is a period freehold house with 753 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 426, Romford Road is £387,167 and the estimated rental value is £2,515 per month.
Romford Road, London, E7 is located in the borough of Newham within the E7 postal district.
426, Romford Road has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 426, Romford Road is in very good condition we estimate a sale value of £406,525 and a rental value of £2,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,065 and a rental value of £2,339 per month.
Over the last 12 months the sale value of 426 Romford Road has decreased by an estimated £1,016 (0.3%) and its rental value has increased by an estimated £116 per month (4.6%), giving an expected gross yield of 7.8%.
426, Romford Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 426, Romford Road was last sold on 3rd September 2020 for £346,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 426, Romford Road within a radius of 370 metres over the last 2 years.
The most recent example is 77, Sherrard Road, London, E7 8DN, a freehold house which sold for £465,000 on the 4th August 2017.
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, 426, Romford Road is the 270th largest and the 158th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in E7.
The nearest school is Sandringham Primary School which is 88 metres away. The nearest train station is Woodgrange Park which is 700 metres away.
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