According to the public record, 112, Shepherds Close, Romford is a mid-century apartment with 1,184 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Shepherds Close, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
112, Shepherds Close, Romford has no records in the Land Registry database and a single entry in the EPC database dated November 2014.
We combine this information with public data 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 112 Shepherds Close Romford as £269,151 and the rental value as £1,326 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 112 Shepherds Close Romford has increased by £974 (0.4%) and its rental value has increased by £69 per month (5.2%).
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 112, Shepherds Close, Romford is in very good condition we estimate a sale value of £282,609 and rental value of £1,393 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,311 and a rental value of £1,233 per month.
If you were able to purchase this property for the estimated value of £269,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,323 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 470 metres radius of 112, Shepherds Close, Romford over the last 2 years.
The most recent example is 110, Shepherds Close, Romford, RM6 5AJ, a Leasehold flat which sold for £255,000 in Nov 2018.
Read more about house prices in RM6.
Shepherds Close, Romford, RM6 has a total of 151 addresses. According to our analysis of all the public data, 112, Shepherds Close, Romford is the 5th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in RM6.
112, Shepherds Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2014.
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 112, Shepherds Close, Romford is Chadwell Heath station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 112, Shepherds Close, Romford, 49.0% of property is privately owned with a mortgage and 19.6% is privately owned outright.
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 112, Shepherds Close, Romford, 29.9% of residents are recorded as possessing school level qualifications and 44.5% 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 112, Shepherds Close, 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 112, Shepherds Close, 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 112, Shepherds Close, 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.