Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 40, Oakley Drive, Romford is a mid-century freehold house with 1,862 ft2 of internal area and sits on a 489 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Oakley Drive, Romford is £570,214 and the estimated rental value is £2,839 per month.
Oakley Drive, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
40, Oakley Drive, Romford has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated September 2020.
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.
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 40, Oakley Drive, Romford is in very good condition we estimate a sale value of £598,725 and a rental value of £2,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,299 and a rental value of £2,640 per month.
Over the last 12 months the sale value of 40 Oakley Drive Romford has increased by an estimated £4,356 (0.8%) and its rental value has increased by an estimated £34 per month (1.2%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 40, Oakley Drive, Romford sits on a plot of 489m2.
We have plot size data on 19 out of 22 other houses in the postcode and 40, Oakley Drive, Romford sits on the largest plot.
40, Oakley Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2020.
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, 40, Oakley Drive, Romford was last sold on 28th January 2022 for £540,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 36.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Oakley Drive, Romford within a radius of 720 metres over the last 2 years.
The most recent example is 43, Kenilworth Avenue, Romford, RM3 9NE, a freehold house which sold for £630,000 on the 7th September 2023.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakley Drive, Romford, RM3 has a total of 52 addresses. According to our analysis of all the public data, 40, Oakley Drive, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £182k more expensive than the average property in RM3.
The nearest school is Drapers' Academy which is 113 metres away. The nearest train station is Harold Wood which is 1.8 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
Be the first Estate
Agent here!
