According to the public record, 3, Abercorn Gardens, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,234 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Abercorn Gardens, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
3, Abercorn Gardens, Romford has 21 entries in the Land Registry database, most recently in August 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 3 Abercorn Gardens Romford as £502,495 and the rental value as £2,284 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 3 Abercorn Gardens Romford has decreased by £6,725 (1.3%) and its rental value has increased by £75 per month (3.3%).
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 3, Abercorn Gardens, Romford is in very good condition we estimate a sale value of £527,619 and rental value of £2,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,320 and a rental value of £2,124 per month.
If you were able to purchase this property for the estimated value of £502,495, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,470 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, 3, Abercorn Gardens, Romford was last sold on 10 Aug 2007 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 74.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Abercorn Gardens, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 21, Lexden Drive, Romford, RM6 4TJ, a Freehold house which sold for £475,000 in May 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abercorn Gardens, Romford, RM6 has a total of 72 addresses. According to our analysis of all the public data, 3, Abercorn Gardens, Romford is the 14th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in RM6.
The closest station to 3, Abercorn Gardens, Romford is Goodmayes station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Abercorn Gardens, Romford, 46.6% of property is privately owned with a mortgage and 29.3% 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 3, Abercorn Gardens, Romford, 26.1% of residents are recorded as possessing school level qualifications and 37.6% 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 3, Abercorn Gardens, Romford, the average age was 40.6 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 3, Abercorn Gardens, 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 3, Abercorn Gardens, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.