According to the public record, 1, Moray Close, Romford is a mid-century freehold house with 1,474 ft2 of internal area and sits on a 388 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Moray Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
1, Moray Close, Romford has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated September 2009.
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 Moray Close Romford as £589,886 and the rental value as £2,649 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Moray Close Romford has decreased by £13,891 (2.4%) and its rental value has increased by £115 per month (4.3%).
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, Moray Close, Romford is in very good condition we estimate a sale value of £619,381 and rental value of £2,781 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £548,594 and a rental value of £2,464 per month.
If you were able to purchase this property for the estimated value of £589,886, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,899 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 data from HM Land Registry, 1, Moray Close, Romford sits on a plot of 388m2.
We have plot size data on 11 out of 20 other houses in the postcode and 1, Moray Close, Romford sits on the 2nd largest plot.
According to HM Land Registry, 1, Moray Close, Romford was last sold on 17 Jun 2010 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 83.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Moray Close, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 2, Garry Way, Romford, RM1 4YX, a Freehold house which sold for £612,000 in Jul 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moray Close, Romford, RM1 has a total of 20 addresses. According to our analysis of all the public data, 1, Moray Close, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £196k more expensive than the average property in RM1.
1, Moray Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2009.
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, Moray Close, Romford is Gidea Park station which is 2.6 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, Moray Close, Romford, 52.4% of property is privately owned outright and 39.5% 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, Moray Close, Romford, 18.3% of residents are recorded as possessing school level qualifications and 26.8% 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, Moray 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, Moray Close, 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, Moray Close, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.