According to the public record, 1, Masefield Crescent, Romford is a early-century freehold house with 1,399 ft2 of internal area and sits on a 241 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Masefield Crescent, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
1, Masefield Crescent, Romford has a single entry in the Land Registry database from December 2012 and a single entry in the EPC database dated November 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 Masefield Crescent Romford as £505,471 and the rental value as £2,164 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 1 Masefield Crescent Romford has decreased by £9,185 (1.8%) and its rental value has increased by £91 per month (4.2%).
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, Masefield Crescent, Romford is in very good condition we estimate a sale value of £530,745 and rental value of £2,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,088 and a rental value of £2,012 per month.
If you were able to purchase this property for the estimated value of £505,471, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,484 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, Masefield Crescent, Romford sits on a plot of 241m2.
We have plot size data on 8 out of 12 other houses in the postcode and 1, Masefield Crescent, Romford sits on the 5th largest plot.
According to HM Land Registry, 1, Masefield Crescent, Romford was last sold on 17 Dec 2012 for £283,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2012, the market for similar properties has risen 76.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Masefield Crescent, Romford within a radius of 590 metres over the last 2 years.
The most recent example is 17, Wordsworth Close, Romford, RM3 7PD, a Freehold house which sold for £530,000 in Apr 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Masefield Crescent, Romford, RM3 has a total of 73 addresses. According to our analysis of all the public data, 1, Masefield Crescent, Romford is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in RM3.
1, Masefield Crescent, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 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, Masefield Crescent, Romford is Gidea Park station which is 1.4 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, Masefield Crescent, Romford, 36.8% of property is socially rented and 29.3% 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, Masefield Crescent, Romford, 24.1% of residents are recorded as possessing school level qualifications and 23.2% 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 1, Masefield Crescent, Romford, the average age was 37.6 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 1, Masefield Crescent, 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, Masefield Crescent, 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.