According to the public record, 1, Gadsden Close, Upminster is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gadsden Close, Upminster, RM14 is located in the borough of Havering within the RM14 postal district.
1, Gadsden Close, Upminster has 31 entries in the Land Registry database, most recently in May 2007 and a single entry in the EPC database dated May 2021.
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 Gadsden Close Upminster as £182,902 and the rental value as £1,146 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 1 Gadsden Close Upminster has decreased by £1,651 (0.9%) and its rental value has increased by £58 per month (5.0%).
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, Gadsden Close, Upminster is in very good condition we estimate a sale value of £192,047 and rental value of £1,204 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,099 and a rental value of £1,066 per month.
If you were able to purchase this property for the estimated value of £182,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £899 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 HM Land Registry, 1, Gadsden Close, Upminster was last sold on 11 May 2007 for £143,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2007, the market for similar properties has risen 44.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 540 metres radius of 1, Gadsden Close, Upminster over the last 2 years.
The most recent example is 2, Gadsden Close, Upminster, RM14 1PD, a Leasehold flat which sold for £120,000 in Sep 2016.
Read more about house prices in RM14.
Gadsden Close, Upminster, RM14 has a total of 24 addresses. According to our analysis of all the public data, 1, Gadsden Close, Upminster is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £408k less expensive than the average property in RM14.
1, Gadsden Close, Upminster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2021.
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, Gadsden Close, Upminster is Upminster station which is 1.7 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, Gadsden Close, Upminster, 45.3% of property is socially rented and 20.5% 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, Gadsden Close, Upminster, 20.2% of residents are recorded as possessing school level qualifications and 26.0% 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, Gadsden Close, Upminster, the average age was 42.6 and the most common age was 52.
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, Gadsden Close, Upminster, 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, Gadsden Close, Upminster, 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.