According to the public record, 1, Clermont Place, Romford is a modern freehold house with 1,776 ft2 of internal area and sits on a 176 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Clermont Place, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
1, Clermont Place, Romford has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated May 2019.
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 good condition, we estimate the current sale value for 1 Clermont Place Romford as £656,617 and the rental value as £2,962 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Clermont Place Romford has decreased by £16,063 (2.4%) and its rental value has increased by £103 per month (3.5%).
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, Clermont Place, Romford is in very good condition we estimate a sale value of £689,448 and rental value of £3,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £610,654 and a rental value of £2,754 per month.
If you were able to purchase this property for the estimated value of £656,617, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,227 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, Clermont Place, Romford sits on a plot of 176m2.
We have plot size data on 8 out of 8 other houses in the postcode and 1, Clermont Place, Romford sits on the 8th largest plot.
According to HM Land Registry, 1, Clermont Place, Romford was last sold on 12 Jul 2019 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Clermont Place, Romford within a radius of 460 metres over the last 2 years.
The most recent example is 19, Oxford Close, Romford, RM2 5UT, a Freehold house which sold for £775,000 in Sep 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clermont Place, Romford, RM1 has a total of 8 addresses. According to our analysis of all the public data, 1, Clermont Place, Romford is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £263k more expensive than the average property in RM1.
1, Clermont Place, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 1, Clermont Place, Romford is Gidea Park station which is 900 metres 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, Clermont Place, Romford, 31.3% of property is socially rented and 26.7% is privately rented.
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, Clermont Place, Romford, 24.9% of residents are recorded as possessing school level qualifications and 35.1% 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, Clermont Place, Romford, the average age was 36.6 and the most common age was 32.
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, Clermont Place, Romford, 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 1, Clermont Place, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.