According to the public record, 28, Coral Close, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 874 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Coral Close, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
28, Coral Close, Romford has 21 entries in the Land Registry database, most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 28 Coral Close Romford as £340,010 and the rental value as £1,838 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 28 Coral Close Romford has increased by £287 (0.1%) and its rental value has increased by £93 per month (5.1%).
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 28, Coral Close, Romford is in very good condition we estimate a sale value of £357,011 and rental value of £1,930 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,210 and a rental value of £1,709 per month.
If you were able to purchase this property for the estimated value of £340,010, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,671 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, 28, Coral Close, Romford was last sold on 26 Sep 2007 for £179,995 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 74.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Coral Close, Romford within a radius of 650 metres over the last 2 years.
The most recent example is 21, Nash Road, Romford, RM6 5JL, a Freehold house which sold for £330,000 in Apr 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coral Close, Romford, RM6 has a total of 52 addresses. According to our analysis of all the public data, 28, Coral Close, Romford is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in RM6.
The closest station to 28, Coral Close, Romford is Chadwell Heath station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 28, Coral Close, Romford, 48.1% of property is socially rented and 23.6% is privately owned with a mortgage.
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 28, Coral Close, Romford, 22.0% of residents are recorded as possessing school level qualifications and 29.2% 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 28, Coral Close, Romford, the average age was 34.1 and the most common age was 12.
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 28, Coral Close, Romford, 0.0% 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 28, Coral Close, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.