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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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178, Chase Cross Road, Romford is described in the public record as a mid-century apartment with 839 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 178, Chase Cross Road, Romford is £429,327 and its rental estimate is £2,466 per month, given the available information and assuming reasonable condition.
Chase Cross Road, Romford, RM5 falls within the RM5 postal district, in the borough of Havering.
178, Chase Cross Road, Romford has no records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data 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 178, Chase Cross Road, Romford, we estimate a market value of £450,794 and a rental value of £2,589 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £399,274 and £2,293 per month respectively.
Over the last year, 178, Chase Cross Road, Romford has seen its estimated sale value drop by £3,511 (0.8%) and its estimated rental value rise by £42 per month (1.7%). This results in an estimated gross rental yield of 6.9%.
178, Chase Cross Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 1 property similar to 178, Chase Cross Road, Romford has sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th January 2024, was Flat 1, Badon Court 38, Avelon Road, Romford, RM5 3FH, a leasehold flat which sold for £223,656.
Read more about house prices in RM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 246 addresses on Chase Cross Road, Romford, RM5, 178, Chase Cross Road, Romford comes out as the 147th largest and the 119th most expensive in our analysis of the public data.
It is also £11k more expensive than the average property across the RM5 district.
From 178, Chase Cross Road, Romford, the nearest station is Romford, 3.1 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 178, Chase Cross Road, Romford, 49.6% of property is socially rented and 19.9% 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 178, Chase Cross Road, Romford, 18.3% of residents are recorded as possessing school level qualifications and 24.0% 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 178, Chase Cross Road, Romford, the average age was 38.8 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 178, Chase Cross 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 178, Chase Cross Road, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
