According to the public record, 2, Bushy Close, Romford is a modern freehold house with 1,119 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bushy Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
2, Bushy Close, Romford has 2 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated November 2023.
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 2 Bushy Close Romford as £522,458 and the rental value as £2,450 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 2 Bushy Close Romford has decreased by £10,224 (2.0%) and its rental value has increased by £122 per month (5.0%).
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 2, Bushy Close, Romford is in very good condition we estimate a sale value of £548,581 and rental value of £2,572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,886 and a rental value of £2,278 per month.
If you were able to purchase this property for the estimated value of £522,458, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,568 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, 2, Bushy Close, Romford sits on a plot of 171m2.
We have plot size data on 14 out of 26 other houses in the postcode and 2, Bushy Close, Romford sits on the 5th largest plot.
According to HM Land Registry, 2, Bushy Close, Romford was last sold on 30 Nov 2016 for £395,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bushy Close, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 13A, Campbell Close, Romford, RM1 4SA, a Freehold house which sold for £625,000 in Jun 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bushy Close, Romford, RM1 has a total of 62 addresses. According to our analysis of all the public data, 2, Bushy Close, Romford is the 23rd largest and the 13th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in RM1.
2, Bushy Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2023.
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 2, Bushy Close, Romford is Gidea Park station which is 3.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Bushy Close, Romford, 40.0% of property is socially rented and 20.0% is privately rented.
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 2, Bushy Close, Romford, 23.7% of residents are recorded as possessing school level qualifications and 23.6% 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 2, Bushy Close, Romford, the average age was 38.8 and the most common age was 37.
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 2, Bushy Close, Romford, 0.3% 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 2, Bushy Close, 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.