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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, 397A, Romford Road is a period freehold house with 613 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 397A, Romford Road is £281,879 and the estimated rental value is £1,845 per month.
Romford Road, London, E7 is located in the borough of Newham within the E7 postal district.
397A, Romford Road has 31 entries in the Land Registry , most recently in March 2013 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 397A, Romford Road is in very good condition we estimate a sale value of £295,973 and a rental value of £1,937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,147 and a rental value of £1,716 per month.
Over the last 12 months the sale value of 397A Romford Road has decreased by an estimated £740 (0.3%) and its rental value has increased by an estimated £85 per month (4.6%), giving an expected gross yield of 7.9%.
397A, Romford Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2023.
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, 397A, Romford Road was last sold on 21st March 2013 for £168,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2013, the market for similar properties has risen 44.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 397A, Romford Road within a radius of 380 metres over the last 2 years.
The most recent example is 75, Henderson Road, London, E7 8EF, a freehold house which sold for £120,220 on the 16th February 2007.
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, 397A, Romford Road is the 446th largest and the 523rd most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in E7.
The nearest school is Sandringham Primary School which is 141 metres away. The nearest train station is Forest Gate which is 700 metres away.
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