According to the public record, 12, Chaseside Close, Romford is a mid-century freehold house with 972 ft2 of internal area and sits on a 177 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chaseside Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
12, Chaseside Close, Romford has 21 entries in the Land Registry database, most recently in March 2011 and a single entry in the EPC database dated October 2010.
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 12 Chaseside Close Romford as £436,994 and the rental value as £2,248 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 12 Chaseside Close Romford has decreased by £6,058 (1.4%) and its rental value has increased by £121 per month (5.4%).
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 12, Chaseside Close, Romford is in very good condition we estimate a sale value of £458,844 and rental value of £2,360 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,404 and a rental value of £2,091 per month.
If you were able to purchase this property for the estimated value of £436,994, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,148 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, 12, Chaseside Close, Romford sits on a plot of 177m2.
We have plot size data on 11 out of 15 other houses in the postcode and 12, Chaseside Close, Romford sits on the 6th largest plot.
According to HM Land Registry, 12, Chaseside Close, Romford was last sold on 04 Mar 2011 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2011, the market for similar properties has risen 98.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Chaseside Close, Romford within a radius of 630 metres over the last 2 years.
The most recent example is 442, Havering Road, Romford, RM1 4DF, a Freehold house which sold for £428,000 in Nov 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chaseside Close, Romford, RM1 has a total of 15 addresses. According to our analysis of all the public data, 12, Chaseside Close, Romford is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in RM1.
12, Chaseside Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2010.
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 12, Chaseside Close, Romford is Gidea Park station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Chaseside Close, Romford, 48.9% of property is privately owned outright and 38.7% 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 12, Chaseside Close, Romford, 20.7% of residents are recorded as possessing school level qualifications and 32.8% 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 12, Chaseside 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 12, Chaseside 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 12, Chaseside 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.