According to the public record, 32, Sims Close, Romford is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sims Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
32, Sims Close, Romford has 41 entries in the Land Registry database, most recently in May 2012 and a single entry in the EPC database dated February 2018.
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 32 Sims Close Romford as £487,296 and the rental value as £2,193 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 32 Sims Close Romford has decreased by £5,327 (1.1%) and its rental value has increased by £109 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 32, Sims Close, Romford is in very good condition we estimate a sale value of £511,660 and rental value of £2,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,185 and a rental value of £2,039 per month.
If you were able to purchase this property for the estimated value of £487,296, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,395 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, 32, Sims Close, Romford sits on a plot of 108m2.
We have plot size data on 27 out of 39 other houses in the postcode and 32, Sims Close, Romford sits on the 23rd largest plot.
According to HM Land Registry, 32, Sims Close, Romford was last sold on 30 May 2012 for £245,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2012, the market for similar properties has risen 78.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Sims Close, Romford within a radius of 460 metres over the last 2 years.
The most recent example is 11, Sims Close, Romford, RM1 3QT, a Freehold house which sold for £485,000 in Aug 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sims Close, Romford, RM1 has a total of 39 addresses. According to our analysis of all the public data, 32, Sims Close, Romford is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in RM1.
32, Sims Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 32, Sims Close, Romford is Romford station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, Sims Close, Romford, 32.8% of property is privately owned outright and 32.8% 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 32, Sims Close, Romford, 11.5% of residents are recorded as possessing school level qualifications and 45.3% 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 32, Sims Close, Romford, the average age was 37 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 32, Sims 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 32, Sims Close, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.