According to the public record, 19, Walmer Close, Romford is a mid-century freehold house with 914 ft2 of internal area and sits on a 350 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Walmer Close, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
19, Walmer Close, Romford has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated September 2022.
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 19 Walmer Close Romford as £458,460 and the rental value as £1,963 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 19 Walmer Close Romford has decreased by £6,793 (1.5%) and its rental value has increased by £94 per month (4.8%).
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 19, Walmer Close, Romford is in very good condition we estimate a sale value of £481,383 and rental value of £2,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,367 and a rental value of £1,826 per month.
If you were able to purchase this property for the estimated value of £458,460, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,253 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, 19, Walmer Close, Romford sits on a plot of 350m2.
We have plot size data on 23 out of 34 other houses in the postcode and 19, Walmer Close, Romford sits on the 7th largest plot.
According to HM Land Registry, 19, Walmer Close, Romford was last sold on 21 Oct 2022 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has dropped 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Walmer Close, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 15, Walmer Close, Romford, RM7 8QH, a Freehold house which sold for £510,000 in Sep 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walmer Close, Romford, RM7 has a total of 56 addresses. According to our analysis of all the public data, 19, Walmer Close, Romford is the 44th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in RM7.
19, Walmer Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2022.
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 19, Walmer Close, Romford is Romford station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 19, Walmer Close, Romford, 50.4% of property is privately owned with a mortgage and 34.6% 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 19, Walmer Close, Romford, 21.4% of residents are recorded as possessing school level qualifications and 28.6% 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 19, Walmer 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 19, Walmer Close, Romford, 0.8% 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 19, Walmer Close, Romford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.