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37, Essex Close, Romford is recorded publicly as a mid-century freehold house across 850 ft2 of internal area, sitting on a 258 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 37, Essex Close, Romford is £427,501 and its rental estimate is £2,048 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.
37, Essex Close, Romford has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated July 2014.
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 37, Essex Close, Romford, we estimate a market value of £448,876 and a rental value of £2,150 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £397,576 and £1,905 per month respectively.
Over the last year, 37, Essex Close, Romford has seen its estimated sale value rise by £3,777 (0.9%) and its estimated rental value move up by £63 per month (3.1%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for 37, Essex Close, Romford as measuring 258 m2.
That makes it the 4th largest plot in the postcode, where 34 of the 37 other houses have recorded plot data.
37, Essex Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 37, Essex Close, Romford completed on 4th October 2022 at £390,000 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 1.4% over the period since October 2022.
Over the past 2 years 3 properties similar to 37, Essex Close, Romford have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th April 2024, was 17, Amberley Way, Romford, RM7 8BT, a freehold house which sold for £335,000.
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, 37, Essex Close, Romford comes out as the 22nd largest and the 18th most expensive in our analysis of the public data.
It is also £30k more expensive than the average property across the RM7 district.
From 37, 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 37, 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 37, 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 37, 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 37, 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 37, 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.
