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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, Smart Close, Romford is £486,610 and the estimated rental value is £2,308 per month.
Smart Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
2, Smart Close, Romford has 3 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated November 2015.
We combine this information with that 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.
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, Smart Close, Romford is in very good condition we estimate a sale value of £510,940 and a rental value of £2,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,547 and a rental value of £2,146 per month.
Over the last 12 months the sale value of 2 Smart Close Romford has increased by an estimated £5,585 (1.1%) and its rental value has increased by an estimated £40 per month (1.7%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Smart Close, Romford sits on a plot of 134m2.
We have plot size data on 14 out of 19 other houses in the postcode and 2, Smart Close, Romford sits on the 14th largest plot.
2, Smart Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2015.
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, Smart Close, Romford was last sold on 26th November 2021 for £390,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2021, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Smart Close, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 31, Coleridge Road, Romford, RM3 7BD, a freehold house which sold for £455,000 on the 28th May 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smart Close, Romford, RM3 has a total of 19 addresses. According to our analysis of all the public data, 2, Smart Close, Romford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in RM3.
The nearest school is Hilldene Primary School which is 715 metres away. The nearest train station is Gidea Park which is 1.6 kilometres away.
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