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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, 2, Oxley Close, Romford is a mid-century freehold house with 1,367 ft2 of internal area and sits on a 307 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Oxley Close, Romford is £616,112 and the estimated rental value is £2,767 per month.
Oxley Close, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
2, Oxley Close, Romford has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Oxley Close, Romford is in very good condition we estimate a sale value of £646,918 and a rental value of £2,905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £572,984 and a rental value of £2,573 per month.
Over the last 12 months the sale value of 2 Oxley Close Romford has increased by an estimated £11,301 (1.8%) and its rental value has increased by an estimated £71 per month (2.6%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Oxley Close, Romford sits on a plot of 307m2.
We have plot size data on 12 out of 12 other houses in the postcode and 2, Oxley Close, Romford sits on the largest plot.
2, Oxley Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 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, 2, Oxley Close, Romford was last sold on 2nd May 2023 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oxley Close, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 12, Farnes Drive, Romford, RM2 6NS, a freehold house which sold for £536,000 on the 9th March 2023.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oxley Close, Romford, RM2 has a total of 12 addresses. According to our analysis of all the public data, 2, Oxley Close, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in RM2.
The nearest school is The Royal Liberty School which is 723 metres away. The nearest train station is Gidea Park which is 1.2 kilometres away.
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