According to the public record, 11, Takeley Close, Romford is a mid-century freehold house with 807 ft2 of internal area and sits on a 180 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Takeley Close, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
11, Takeley Close, Romford has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated February 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 11 Takeley Close Romford as £366,875 and the rental value as £1,811 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 11 Takeley Close Romford has decreased by £4,926 (1.3%) and its rental value has increased by £96 per month (5.3%).
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 11, Takeley Close, Romford is in very good condition we estimate a sale value of £385,219 and rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,194 and a rental value of £1,685 per month.
If you were able to purchase this property for the estimated value of £366,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,803 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, 11, Takeley Close, Romford sits on a plot of 180m2.
We have plot size data on 12 out of 17 other houses in the postcode and 11, Takeley Close, Romford sits on the 2nd largest plot.
According to HM Land Registry, 11, Takeley Close, Romford was last sold on 30 Sep 2021 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Takeley Close, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 9, Takeley Close, Romford, RM5 3PX, a Freehold house which sold for £390,000 in Oct 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Takeley Close, Romford, RM5 has a total of 20 addresses. According to our analysis of all the public data, 11, Takeley Close, Romford is the 19th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in RM5.
11, Takeley Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 11, Takeley Close, Romford is Romford station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Takeley Close, Romford, 49.2% of property is privately owned outright and 38.3% 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 11, Takeley Close, Romford, 19.3% of residents are recorded as possessing school level qualifications and 22.4% 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 11, Takeley Close, Romford, the average age was 40.2 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 11, Takeley Close, Romford, 2.6% 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 11, Takeley Close, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.