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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, 38, Coral Close, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,115 ft2 of internal area and sits on a 141 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Coral Close, Romford is £410,755 and the estimated rental value is £2,742 per month.
Coral Close, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
38, Coral Close, Romford has a single entry in the Land Registry from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 38, Coral Close, Romford is in very good condition we estimate a sale value of £431,293 and a rental value of £2,879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,002 and a rental value of £2,550 per month.
Over the last 12 months the sale value of 38 Coral Close Romford has decreased by an estimated £3,392 (0.8%) and its rental value has increased by an estimated £47 per month (1.7%), giving an expected gross yield of 8%.
According to data from HM Land Registry, 38, Coral Close, Romford sits on a plot of 141m2.
We have plot size data on 38 out of 52 other houses in the postcode and 38, Coral Close, Romford sits on the 4th largest plot.
According to HM Land Registry, 38, Coral Close, Romford was last sold on 28th March 2007 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 138.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Coral Close, Romford within a radius of 690 metres over the last 2 years.
The most recent example is 42, Coral Close, Romford, RM6 5EH, a freehold house which sold for £365,000 on the 23rd July 2021.
Read more about house prices in RM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coral Close, Romford, RM6 has a total of 52 addresses. According to our analysis of all the public data, 38, Coral Close, Romford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in RM6.
The closest station to 38, Coral Close, Romford is Chadwell Heath station which is 1.9 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 38, Coral Close, Romford, 48.1% of property is socially rented and 23.6% 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 38, Coral Close, Romford, 22.0% of residents are recorded as possessing school level qualifications and 29.2% 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 38, Coral Close, Romford, the average age was 34.1 and the most common age was 12.
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 38, Coral Close, 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 38, Coral Close, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
