According to the public record, 18, Gresham Drive, Romford is a modern house with 828 ft2 of internal area and sits on a 232 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.
18, Gresham Drive, Romford has no records in the Land Registry database and a single entry in the EPC database dated February 2020.
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 18 Gresham Drive Romford as £448,852 and the rental value as £1,968 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 18 Gresham Drive Romford has decreased by £3,229 (0.7%) and its rental value has increased by £77 per month (3.9%).
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 18, Gresham Drive, Romford is in very good condition we estimate a sale value of £471,294 and rental value of £2,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,432 and a rental value of £1,830 per month.
If you were able to purchase this property for the estimated value of £448,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,206 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, 18, Gresham Drive, Romford sits on a plot of 232m2.
We have plot size data on 26 out of 46 other houses in the postcode and 18, Gresham Drive, Romford sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Gresham Drive, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 9, Millhaven Close, Romford, RM6 4PL, a Freehold house which sold for £410,000 in Apr 2024.
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, 18, Gresham Drive, Romford is the 91st largest and the 77th most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in RM6.
18, Gresham Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2020.
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 18, 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 18, Gresham Drive, Romford, 42.4% of property is privately owned with a mortgage and 39.2% 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 18, Gresham Drive, Romford, 26.7% 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 18, 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 18, Gresham Drive, Romford, 0.2% 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 18, Gresham Drive, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.