According to the public record, 151, Gresham Drive, Romford is a early-century house with 964 ft2 of internal area and sits on a 147 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gresham Drive, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
151, Gresham Drive, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2010.
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 151 Gresham Drive Romford as £480,029 and the rental value as £2,063 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 151 Gresham Drive Romford has decreased by £3,672 (0.8%) and its rental value has increased by £82 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 151, Gresham Drive, Romford is in very good condition we estimate a sale value of £504,030 and rental value of £2,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,427 and a rental value of £1,918 per month.
If you were able to purchase this property for the estimated value of £480,029, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,359 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, 151, Gresham Drive, Romford sits on a plot of 147m2.
We have plot size data on 28 out of 41 other houses in the postcode and 151, Gresham Drive, Romford sits on the 25th largest plot.
According to HM Land Registry, 151, Gresham Drive, Romford was last sold on 02 Feb 2005 for £225,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 151, Gresham Drive, Romford within a radius of 360 metres over the last 2 years.
The most recent example is 77, Joydon Drive, Romford, RM6 4ST, a Freehold house which sold for £505,000 in Aug 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresham Drive, Romford, RM6 has a total of 131 addresses. According to our analysis of all the public data, 151, Gresham Drive, Romford is the 44th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in RM6.
151, Gresham Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 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 151, Gresham Drive, Romford is Chadwell Heath station which is 1.1 kilometres 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 151, Gresham Drive, Romford, 30.6% of property is privately owned outright and 30.6% 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 151, Gresham Drive, Romford, 28.2% of residents are recorded as possessing school level qualifications and 39.5% 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 151, Gresham Drive, 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 151, Gresham Drive, Romford, 1.4% 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 151, Gresham Drive, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.