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According to the public record, 4, Philip Close, Romford is a mid-century freehold house with 775 ft2 of internal area and sits on a 491 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Philip Close, Romford is £397,782 and the estimated rental value is £1,957 per month.
Philip Close, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
4, Philip Close, Romford has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated June 2017.
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 4, Philip Close, Romford is in very good condition we estimate a sale value of £417,671 and a rental value of £2,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,937 and a rental value of £1,820 per month.
Over the last 12 months the sale value of 4 Philip Close Romford has increased by an estimated £5,842 (1.5%) and its rental value has increased by an estimated £51 per month (2.6%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 4, Philip Close, Romford sits on a plot of 491m2.
We have plot size data on 8 out of 8 other houses in the postcode and 4, Philip Close, Romford sits on the 2nd largest plot.
4, Philip Close, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jun 2017.
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, 4, Philip Close, Romford was last sold on 10th November 2017 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2017, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Philip Close, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 92, Thorntons Farm Avenue, Romford, RM7 0TS, a freehold house which sold for £430,000 on the 16th May 2024.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Philip Close, Romford, RM7 has a total of 8 addresses. According to our analysis of all the public data, 4, Philip Close, Romford is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in RM7.
The nearest school is Rush Green Primary School which is 242 metres away. The nearest train station is Elm Park which is 1.7 kilometres away.
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