According to the public record, 13, Takeley Close, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 807 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Takeley Close, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
13, Takeley Close, Romford has a single entry in the Land Registry database from November 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Takeley Close Romford as £399,764 and the rental value as £1,905 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 13 Takeley Close Romford has decreased by £5,367 (1.3%) and its rental value has increased by £101 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 13, Takeley Close, Romford is in very good condition we estimate a sale value of £419,752 and rental value of £2,000 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,781 and a rental value of £1,771 per month.
If you were able to purchase this property for the estimated value of £399,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,965 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 HM Land Registry, 13, Takeley Close, Romford was last sold on 16 Nov 2006 for £224,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, 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, 13, Takeley Close, Romford is the 20th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in RM5.
The closest station to 13, 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 13, 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 13, 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 13, 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 13, 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 13, 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.