38, Melbourne Gardens
38, Melbourne Gardens
Description & Estimates
Public records show 38, Melbourne Gardens, Romford to be an early-century freehold house with 807 ft2 of internal area, sitting on a 644 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
38, Melbourne Gardens, Romford has an estimated sale value of £462,188 and an estimated rental value of £2,624 per month, assuming reasonable condition and based on the information available.
Melbourne Gardens, Romford, RM6 lies in the borough of Barking and Dagenham, within the RM6 postal district.
Our Data Sources
38, Melbourne Gardens, Romford has a single entry in the Land Registry from February 2015 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 38, Melbourne Gardens, Romford would be worth £485,297, with a potential rental value of £2,755 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £429,835, with a rental value of £2,440 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38, Melbourne Gardens, Romford has increased by £563 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £60 (2.3%). The property's estimated gross yield is currently 6.8%.
Plot Size
38, Melbourne Gardens, Romford occupies a 644 m2 plot as recorded by HM Land Registry.
All 17 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
38, Melbourne Gardens, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Oct 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Melbourne Gardens, Romford last changed hands on 2nd February 2015, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 61.0% since February 2015.
- Sold Feb 2015£300,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 38, Melbourne Gardens, Romford across the last 2 years.
Most recently, 14, Adelaide Gardens, Romford, RM6 6SS, a freehold house, sold at £485,000 on the 23rd February 2024.
Read more about house prices in RM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 38, Melbourne Gardens, Romford as the 21st largest and the 16th most expensive of the 41 addresses on Melbourne Gardens, Romford, RM6.
Against the RM6 postcode district average, it is £72k more expensive than the typical property.
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Schools Nearby
- 500mWarren Junior School
- 600mRose Lane Primary School
- 1.0kmSt Bede's Catholic Primary School
- 400mThe Warren School
- 1.4kmSt Edward's Church of England Academy
- 1.7kmChadwell Heath Academy
More reading links
Public Transport Nearby
Chadwell Heath station is the nearest stop to 38, Melbourne Gardens, Romford at 1.5 kilometres away.
- 1.5kmChadwell Heath
- 2.4kmGoodmayes
- 3.1kmRomford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
