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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 56, Gresham Drive, Romford is £437,604 and the estimated rental value is £1,986 per month.
Gresham Drive, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
56, Gresham Drive, Romford has 31 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated September 2018.
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.
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 56, Gresham Drive, Romford is in very good condition we estimate a sale value of £459,484 and a rental value of £2,085 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,972 and a rental value of £1,847 per month.
Over the last 12 months the sale value of 56 Gresham Drive Romford has decreased by an estimated £1,634 (0.4%) and its rental value has increased by an estimated £49 per month (2.5%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 56, Gresham Drive, Romford sits on a plot of 185m2.
We have plot size data on 38 out of 46 other houses in the postcode and 56, Gresham Drive, Romford sits on the 20th largest plot.
56, Gresham Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2018.
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, 56, Gresham Drive, Romford was last sold on 26th February 2019 for £355,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2019, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Gresham Drive, Romford within a radius of 370 metres over the last 2 years.
The most recent example is 22, Millhaven Close, Romford, RM6 4PL, a freehold house which sold for £375,000 on the 19th September 2023.
Read more about house prices in RM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresham Drive, Romford, RM6 has a total of 131 addresses. According to our analysis of all the public data, 56, Gresham Drive, Romford is the 106th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in RM6.
The closest station to 56, Gresham Drive, Romford is Chadwell Heath station which is 1.1 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56, Gresham Drive, Romford, % of property is and % is .
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 56, Gresham Drive, Romford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 56, Gresham Drive, 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 56, Gresham Drive, Romford, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.