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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Ridley Close, Romford is £494,992 and the estimated rental value is £2,310 per month.
Ridley Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
8, Ridley Close, Romford has 31 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated January 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 8, Ridley Close, Romford is in very good condition we estimate a sale value of £519,741 and a rental value of £2,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,342 and a rental value of £2,148 per month.
Over the last 12 months the sale value of 8 Ridley Close Romford has increased by an estimated £5,681 (1.1%) and its rental value has increased by an estimated £40 per month (1.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 8, Ridley Close, Romford sits on a plot of 421m2.
We have plot size data on 12 out of 15 other houses in the postcode and 8, Ridley Close, Romford sits on the 3rd largest plot.
8, Ridley Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 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, 8, Ridley Close, Romford was last sold on 3rd July 2020 for £430,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2020, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ridley Close, Romford within a radius of 610 metres over the last 2 years.
The most recent example is 65, Coleridge Road, Romford, RM3 7BD, a freehold house which sold for £455,000 on the 20th December 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridley Close, Romford, RM3 has a total of 15 addresses. According to our analysis of all the public data, 8, Ridley Close, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in RM3.
The nearest school is Hilldene Primary School which is 710 metres away. The nearest train station is Gidea Park which is 1.6 kilometres away.
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