Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
14, Essex Close, Romford is recorded publicly as a mid-century freehold house across 1,044 ft2 of internal area, sitting on a 231 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 14, Essex Close, Romford is £452,284 and its rental estimate is £2,140 per month, given the available information and assuming reasonable condition.
Essex Close, Romford, RM7 falls within the RM7 postal district, in the borough of Havering.
14, Essex Close, Romford has 2 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 14, Essex Close, Romford, we estimate a market value of £474,898 and a rental value of £2,247 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £420,624 and £1,990 per month respectively.
Over the last year, 14, Essex Close, Romford has seen its estimated sale value increase by £3,996 (0.9%) and its estimated rental value grow by £66 per month (3.1%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for 14, Essex Close, Romford as measuring 231 m2.
That makes it the 9th largest plot in the postcode, where 34 of the 37 other houses have recorded plot data.
14, Essex Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 14, Essex Close, Romford completed on 17th February 2022 at £455,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 6.5% over the period since February 2022.
Over the past 2 years 3 properties similar to 14, Essex Close, Romford have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th October 2023, was 11, Essex Close, Romford, RM7 8BD, a freehold house which sold for £400,000.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 43 addresses on Essex Close, Romford, RM7, 14, Essex Close, Romford comes out as the 7th largest and the 9th most expensive in our analysis of the public data.
It is also £55k more expensive than the average property across the RM7 district.
From 14, Essex Close, Romford, the nearest station is Romford, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 14, Essex Close, Romford, 43.1% of property is privately owned outright and 37.5% is privately owned with a mortgage.
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 14, Essex Close, Romford, 23.6% of residents are recorded as possessing school level qualifications and 26.3% 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 14, Essex Close, Romford, the average age was 38.3 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 14, Essex Close, Romford, 0.3% 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 14, Essex Close, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
