According to the public record, 16, Chalforde Gardens, Romford is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chalforde Gardens, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
16, Chalforde Gardens, Romford has a single entry in the Land Registry database from September 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Chalforde Gardens Romford as £308,825 and the rental value as £1,454 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 16 Chalforde Gardens Romford has increased by £2,484 (0.8%) and its rental value has increased by £101 per month (6.9%).
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 16, Chalforde Gardens, Romford is in very good condition we estimate a sale value of £324,266 and rental value of £1,527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,207 and a rental value of £1,352 per month.
If you were able to purchase this property for the estimated value of £308,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,518 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, 16, Chalforde Gardens, Romford was last sold on 27 Sep 2019 for £295,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Chalforde Gardens, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 19, Chalforde Gardens, Romford, RM2 6BU, a Leasehold flat which sold for £325,000 in Mar 2024.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chalforde Gardens, Romford, RM2 has a total of 40 addresses. According to our analysis of all the public data, 16, Chalforde Gardens, Romford is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in RM2.
16, Chalforde Gardens, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jun 2019.
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 16, Chalforde Gardens, Romford is Gidea Park station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Chalforde Gardens, Romford, 49.7% of property is privately rented and 26.6% 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 16, Chalforde Gardens, Romford, 17.3% of residents are recorded as possessing school level qualifications and 38.6% 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 16, Chalforde Gardens, Romford, the average age was 42.3 and the most common age was 32.
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 16, Chalforde Gardens, Romford, 1.9% 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 16, Chalforde Gardens, 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.