According to the public record, 34, The Chase, Romford is a early-century freehold house with 1,786 ft2 of internal area and sits on a 474 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Chase, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
34, The Chase, Romford has 21 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated November 2012.
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 34 The Chase Romford as £717,882 and the rental value as £2,882 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 34 The Chase Romford has decreased by £21,037 (2.9%) and its rental value has increased by £87 per month (3.0%).
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 34, The Chase, Romford is in very good condition we estimate a sale value of £753,776 and rental value of £3,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £667,630 and a rental value of £2,680 per month.
If you were able to purchase this property for the estimated value of £717,882, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,528 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, 34, The Chase, Romford sits on a plot of 474m2.
We have plot size data on 15 out of 41 other houses in the postcode and 34, The Chase, Romford sits on the 12th largest plot.
According to HM Land Registry, 34, The Chase, Romford was last sold on 20 Dec 2017 for £595,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2017, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, The Chase, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 34, Mcintosh Road, Romford, RM1 4JJ, a Freehold house which sold for £853,952 in Nov 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Chase, Romford, RM1 has a total of 41 addresses. According to our analysis of all the public data, 34, The Chase, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £324k more expensive than the average property in RM1.
34, The Chase, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2012.
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 34, The Chase, Romford is Romford station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 34, The Chase, Romford, 54.6% of property is privately owned outright and 40.0% 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 34, The Chase, Romford, 16.9% of residents are recorded as possessing school level qualifications and 38.1% 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 34, The Chase, Romford, the average age was 44 and the most common age was 57.
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 34, The Chase, Romford, 2.4% 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 34, The Chase, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.