According to the public record, 33, Bennison Drive, Romford is a modern leasehold apartment with 777 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Bennison Drive, Harold Wood, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
33, Bennison Drive, Romford has 71 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated November 2009.
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 33 Bennison Drive Romford as £304,724 and the rental value as £1,457 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 33 Bennison Drive Romford has decreased by £1,528 (0.5%) and its rental value has increased by £80 per month (5.5%).
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 33, Bennison Drive, Romford is in very good condition we estimate a sale value of £319,961 and rental value of £1,530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,394 and a rental value of £1,355 per month.
If you were able to purchase this property for the estimated value of £304,724, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,498 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, 33, Bennison Drive, Romford was last sold on 16 Oct 2020 for £245,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Oct 2020, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 33, Bennison Drive, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 32, Cavell Crescent, Romford, RM3 0WL, a Leasehold flat which sold for £275,000 in Sep 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bennison Drive, Harold Wood, Romford, RM3 has a total of 36 addresses. According to our analysis of all the public data, 33, Bennison Drive, Romford is the 14th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in RM3.
33, Bennison Drive, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 33, Bennison Drive, Romford is Harold Wood station which is 900 metres 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 33, Bennison Drive, Romford, 33.3% of property is privately rented and 30.8% 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 33, Bennison Drive, Romford, 19.6% of residents are recorded as possessing school level qualifications and 27.0% 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 33, Bennison Drive, Romford, the average age was 39.5 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 33, Bennison Drive, 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 33, Bennison Drive, 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.