According to the public record, 2, Clermont Place, Romford is a modern freehold house with 2,002 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Clermont Place, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
2, Clermont Place, Romford has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated August 2017.
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 Clermont Place Romford as £694,077 and the rental value as £3,131 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Clermont Place Romford has decreased by £16,979 (2.4%) and its rental value has increased by £108 per month (3.5%).
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, Clermont Place, Romford is in very good condition we estimate a sale value of £728,781 and rental value of £3,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £645,492 and a rental value of £2,911 per month.
If you were able to purchase this property for the estimated value of £694,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,411 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, Clermont Place, Romford sits on a plot of 218m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, Clermont Place, Romford sits on the 6th largest plot.
According to HM Land Registry, 2, Clermont Place, Romford was last sold on 08 Dec 2022 for £740,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Clermont Place, Romford within a radius of 460 metres over the last 2 years.
The most recent example is 14, Academy Fields Road, Romford, RM2 5UN, a Freehold house which sold for £760,000 in Apr 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clermont Place, Romford, RM1 has a total of 8 addresses. According to our analysis of all the public data, 2, Clermont Place, Romford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £300k more expensive than the average property in RM1.
2, Clermont Place, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 2, Clermont Place, Romford is Gidea Park station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Clermont Place, Romford, 31.3% of property is socially rented and 26.7% 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, Clermont Place, Romford, 24.9% of residents are recorded as possessing school level qualifications and 35.1% 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, Clermont Place, Romford, the average age was 36.6 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 2, Clermont Place, Romford, 0.6% 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, Clermont Place, 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.