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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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78, Retford Road, Romford is recorded publicly as a mid-century freehold house across 1,194 ft2 of internal area, sitting on a 287 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 78, Retford Road, Romford is £493,230 and its rental estimate is £2,316 per month, given the available information and assuming reasonable condition.
Retford Road, Romford, RM3 falls within the RM3 postal district, in the borough of Havering.
78, Retford Road, Romford has 31 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated October 2012.
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.
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 78, Retford Road, Romford, we estimate a market value of £517,892 and a rental value of £2,432 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £458,704 and £2,154 per month respectively.
Over the last year, 78, Retford Road, Romford has seen its estimated sale value increase by £3,465 (0.7%) and its estimated rental value grow by £57 per month (2.5%). This results in an estimated gross rental yield of 5.6%.
HM Land Registry records the plot of land for 78, Retford Road, Romford as measuring 287 m2.
That makes it the 5th largest plot in the postcode, where 17 of the 22 other houses have recorded plot data.
78, Retford Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 78, Retford Road, Romford completed on 22nd February 2013 at £200,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 111.5% over the period since February 2013.
Over the past 2 years 3 properties similar to 78, Retford Road, Romford have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2023, was 21, Retford Path, Romford, RM3 9NL, a freehold house which sold for £385,000.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 133 addresses on Retford Road, Romford, RM3, 78, Retford Road, Romford comes out as the 9th largest and the 3rd most expensive in our analysis of the public data.
It is also £108k more expensive than the average property across the RM3 district.
From 78, Retford Road, Romford, the nearest station is Harold Wood, 1.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 78, Retford Road, Romford, 33.9% of property is privately owned with a mortgage and 29.8% is privately owned outright.
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 78, Retford Road, Romford, 25.9% of residents are recorded as possessing school level qualifications and 26.2% 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 78, Retford Road, Romford, the average age was 35.9 and the most common age was 37.
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 78, Retford Road, Romford, 0.0% 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 78, Retford Road, Romford, 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.
