60, CROSS ROAD, MAWNEYS, ROMFORD, RM7 8DX - £535,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

60 CROSS ROAD is a midsized extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £535,000 in August 2023, which was around 33% below the average August 2023 detached price in the Havering local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

60 CROSS ROAD Sold Prices

Land registry data shows two sales for 60 CROSS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 60 CROSS ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 29 AUG	£535,000	£798,809	33% below HPI
1998 7 AUG	£118,000	£172,066	31% below HPI

60 CROSS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 60 CROSS ROAD sales from August 1998 and August 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 60 CROSS ROAD?

60 CROSS ROAD is 114m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 60 CROSS ROAD lies on this distribution: 43% of detached houses are smaller than 60 CROSS ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Romford.

60 CROSS ROAD: Plot and Title Map

60 CROSS ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 60 CROSS ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 60 CROSS ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 60 CROSS ROAD?

60 CROSS ROAD is located in MAWNEYS, in the RM7 postcode district. The below map shows the position of No. 60 on CROSS ROAD.