According to the public record, 21, Galleywood Crescent, Romford is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Galleywood Crescent, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
21, Galleywood Crescent, Romford has 41 entries in the Land Registry database, most recently in October 2007 and a single entry in the EPC database dated January 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 21 Galleywood Crescent Romford as £255,334 and the rental value as £1,433 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 21 Galleywood Crescent Romford has decreased by £2,706 (1.1%) and its rental value has increased by £86 per month (6.0%).
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 21, Galleywood Crescent, Romford is in very good condition we estimate a sale value of £268,101 and rental value of £1,505 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,461 and a rental value of £1,333 per month.
If you were able to purchase this property for the estimated value of £255,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,255 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, 21, Galleywood Crescent, Romford was last sold on 08 Oct 2007 for £170,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2007, the market for similar properties has risen 54.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Galleywood Crescent, Romford within a radius of 540 metres over the last 2 years.
The most recent example is 105, Chelmsford Avenue, Romford, RM5 3XB, a Leasehold flat which sold for £321,000 in Dec 2022.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Galleywood Crescent, Romford, RM5 has a total of 40 addresses. According to our analysis of all the public data, 21, Galleywood Crescent, Romford is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in RM5.
21, Galleywood Crescent, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 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 21, Galleywood Crescent, Romford is Gidea Park station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Galleywood Crescent, Romford, 33.3% of property is socially rented and 27.4% 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 21, Galleywood Crescent, Romford, 19.5% of residents are recorded as possessing school level qualifications and 17.9% 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 21, Galleywood Crescent, 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 21, Galleywood Crescent, Romford, 0.7% 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 21, Galleywood Crescent, 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.