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According to the public record, 3, Bower Close, Romford is a early-century freehold house with 1,194 ft2 of internal area and sits on a 285 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 3, Bower Close, Romford is £477,675 and the estimated rental value is £2,278 per month.
Bower Close, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
3, Bower Close, Romford has a single entry in the Land Registry from January 2016 and a single entry in the EPC database dated September 2015.
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 3, Bower Close, Romford is in very good condition we estimate a sale value of £501,558 and a rental value of £2,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £444,237 and a rental value of £2,119 per month.
Over the last 12 months the sale value of 3 Bower Close Romford has increased by an estimated £4,995 (1.0%) and its rental value has increased by an estimated £64 per month (2.8%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 3, Bower Close, Romford sits on a plot of 285m2.
We have plot size data on 26 out of 34 other houses in the postcode and 3, Bower Close, Romford sits on the 12th largest plot.
3, Bower Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 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, 3, Bower Close, Romford was last sold on 29th January 2016 for £352,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2016, the market for similar properties has risen 43.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Bower Close, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 21, Esk Way, Romford, RM1 4YH, a freehold house which sold for £465,000 on the 8th October 2024.
Read more about house prices in RM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bower Close, Romford, RM5 has a total of 36 addresses. According to our analysis of all the public data, 3, Bower Close, Romford is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in RM5.
The closest station to 3, Bower Close, Romford is Romford station which is 2.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Bower Close, Romford, 33.3% of property is privately owned with a mortgage and 31.9% is socially rented.
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 3, Bower Close, Romford, 23.8% of residents are recorded as possessing school level qualifications and 19.2% 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 3, Bower Close, 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 3, Bower Close, Romford, 1.0% 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 3, Bower Close, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.