According to the public record, 1, Chaseside Close, Romford is a early-century freehold house with 1,517 ft2 of internal area and sits on a 180 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chaseside Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
1, Chaseside Close, Romford has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Chaseside Close Romford as £545,082 and the rental value as £2,625 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1 Chaseside Close Romford has decreased by £12,413 (2.3%) and its rental value has increased by £117 per month (4.4%).
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 1, Chaseside Close, Romford is in very good condition we estimate a sale value of £572,337 and rental value of £2,756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,927 and a rental value of £2,441 per month.
If you were able to purchase this property for the estimated value of £545,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,679 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Chaseside Close, Romford sits on a plot of 180m2.
We have plot size data on 11 out of 15 other houses in the postcode and 1, Chaseside Close, Romford sits on the 5th largest plot.
According to HM Land Registry, 1, Chaseside Close, Romford was last sold on 29 Jul 2015 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 32.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chaseside Close, Romford within a radius of 660 metres over the last 2 years.
The most recent example is 36, Glenton Close, Romford, RM1 4AN, a Freehold house which sold for £640,000 in Mar 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chaseside Close, Romford, RM1 has a total of 15 addresses. According to our analysis of all the public data, 1, Chaseside Close, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in RM1.
1, Chaseside Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Chaseside Close, Romford is Gidea Park station which is 2.9 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 1, Chaseside Close, Romford, 48.9% of property is privately owned outright and 38.7% 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 1, Chaseside Close, Romford, 20.7% of residents are recorded as possessing school level qualifications and 32.8% 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 1, Chaseside Close, Romford, the average age was 44 and the most common age was 57.
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 1, Chaseside Close, 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 1, Chaseside Close, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.