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According to the public record, 8, Elizabeth Close, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 979 ft2 of internal area and sits on a 249 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Elizabeth Close, Romford is £457,383 and the estimated rental value is £2,160 per month.
Elizabeth Close, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
8, Elizabeth Close, Romford has a single entry in the Land Registry from April 2008 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 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 8, Elizabeth Close, Romford is in very good condition we estimate a sale value of £480,252 and a rental value of £2,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,366 and a rental value of £2,009 per month.
Over the last 12 months the sale value of 8 Elizabeth Close Romford has increased by an estimated £4,041 (0.9%) and its rental value has increased by an estimated £67 per month (3.1%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 8, Elizabeth Close, Romford sits on a plot of 249m2.
We have plot size data on 23 out of 26 other houses in the postcode and 8, Elizabeth Close, Romford sits on the 14th largest plot.
According to HM Land Registry, 8, Elizabeth Close, Romford was last sold on 10th April 2008 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2008, the market for similar properties has risen 106.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elizabeth Close, Romford within a radius of 540 metres over the last 2 years.
The most recent example is 53, Victory Way, Romford, RM7 8PA, a freehold house which sold for £465,000 on the 8th November 2024.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elizabeth Close, Romford, RM7 has a total of 26 addresses. According to our analysis of all the public data, 8, Elizabeth Close, Romford is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in RM7.
The nearest school is St Patrick's Catholic Primary School which is 100 metres away. The nearest train station is Romford which is 2.8 kilometres away.
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