Abbotts Close, Romford, RM7 is a residential street which is the 111th longest street in the RM7 area.
It contains 29 houses and 13 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £401,304. Sales values have decreased in the last 12 months by 1.3% and Rental values have increased by 5.4%.
Property sale values range from £121,057 for a studio leasehold flat of 172 square feet and has a garden to £572,010 for a freehold house, with 4 bedrooms split across 1,572 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Abbotts Close, Romford, RM7 is £468/ft2.
Properties achieve a rental yield of between 5.1% and 6.5%, and rental values range from £653 to £2,414 per month.
The last sale was 13 Feb 2023 for £465,000 and since then the market in the area has decreased by -3.8%. The street has had a total of 4 sales since 1995.
Abbotts Close, Romford, RM7 has seen 4 sales in the last three years and no sales in the last twelve months.
Abbotts Close, Romford, RM7 is the 111th largest and the 114th most expensive street in the RM7 area.
There is 1 postcode on Abbotts Close, Romford, RM7.
Abbotts Close, Romford, RM7 is a residential street located in RM7 containing 29 houses and 13 unknown.
The most common property type on Abbotts Close, Romford, RM7 is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to Abbotts Close, Romford, RM7 is Romford station which is 2.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Abbotts Close, Romford, RM7, 45.1% of property is privately owned outright and 26.2% 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 Abbotts Close, Romford, RM7, 20.3% of residents are recorded as possessing school level qualifications and 25.2% 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 Abbotts Close, Romford, RM7, the average age was 38.3 and the most common age was 37.
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 Abbotts Close, Romford, RM7, 0.6% 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 Abbotts Close, Romford, RM7, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.