According to the public record, 1, Sherman Gardens, Romford is a modern freehold house with 807 ft2 of internal area and sits on a 201 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sherman Gardens, Chadwell Heath, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
1, Sherman Gardens, Romford has 31 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated June 2016.
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 Sherman Gardens Romford as £398,109 and the rental value as £1,984 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 1 Sherman Gardens Romford has decreased by £2,989 (0.8%) and its rental value has increased by £80 per month (4.0%).
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, Sherman Gardens, Romford is in very good condition we estimate a sale value of £418,014 and rental value of £2,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,241 and a rental value of £1,845 per month.
If you were able to purchase this property for the estimated value of £398,109, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,957 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, Sherman Gardens, Romford sits on a plot of 201m2.
We have plot size data on 24 out of 39 other houses in the postcode and 1, Sherman Gardens, Romford sits on the 3rd largest plot.
According to HM Land Registry, 1, Sherman Gardens, Romford was last sold on 01 Feb 2022 for £400,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Sherman Gardens, Romford within a radius of 400 metres over the last 2 years.
The most recent example is 9, Millhaven Close, Romford, RM6 4PL, a Freehold house which sold for £410,000 in Apr 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherman Gardens, Chadwell Heath, Romford, RM6 has a total of 57 addresses. According to our analysis of all the public data, 1, Sherman Gardens, Romford is the 24th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in RM6.
1, Sherman Gardens, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2016.
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, Sherman Gardens, Romford is Chadwell Heath station which is 700 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, Sherman Gardens, Romford, 36.6% of property is privately owned with a mortgage and 29.7% 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, Sherman Gardens, Romford, 23.6% of residents are recorded as possessing school level qualifications and 35.5% 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, Sherman Gardens, Romford, the average age was 40.6 and the most common age was 42.
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, Sherman Gardens, Romford, 0.2% 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, Sherman Gardens, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.