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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
According to the public record, 7, Virginia Close, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,359 ft2 of internal area and sits on a 443 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 7, Virginia Close, Romford is £662,953 and the estimated rental value is £2,524 per month.
Virginia Close, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
7, Virginia Close, Romford has 21 entries in the Land Registry , most recently in April 2013 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 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 7, Virginia Close, Romford is in very good condition we estimate a sale value of £696,100 and a rental value of £2,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £616,546 and a rental value of £2,347 per month.
Over the last 12 months the sale value of 7 Virginia Close Romford has increased by an estimated £6,933 (1.0%) and its rental value has increased by an estimated £71 per month (2.8%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 7, Virginia Close, Romford sits on a plot of 443m2.
We have plot size data on 9 out of 9 other houses in the postcode and 7, Virginia Close, Romford sits on the largest plot.
According to HM Land Registry, 7, Virginia Close, Romford was last sold on 29th April 2013 for £360,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2013, the market for similar properties has risen 81.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Virginia Close, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 109, Lawns Way, Romford, RM5 3TB, a freehold house which sold for £635,000 on the 26th May 2023.
Read more about house prices in RM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Virginia Close, Romford, RM5 has a total of 9 addresses. According to our analysis of all the public data, 7, Virginia Close, Romford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £240k more expensive than the average property in RM5.
The closest station to 7, Virginia Close, Romford is Romford station which is 2.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 7, Virginia Close, Romford, 56.5% of property is privately owned outright and 36.1% 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 7, Virginia Close, Romford, 13.1% of residents are recorded as possessing school level qualifications and 25.3% 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 7, Virginia Close, Romford, the average age was 40.2 and the most common age was 42.
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 7, Virginia Close, Romford, 1.2% 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 7, Virginia Close, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
