According to the public record, 35, Park Drive, Romford is a modern freehold house with 1,603 ft2 of internal area and sits on a 507 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Drive, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
35, Park Drive, Romford has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated September 2019.
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 good condition, we estimate the current sale value for 35 Park Drive Romford as £709,568 and the rental value as £2,720 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 35 Park Drive Romford has decreased by £10,637 (1.5%) and its rental value has increased by £123 per month (4.5%).
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 35, Park Drive, Romford is in very good condition we estimate a sale value of £745,046 and rental value of £2,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £659,898 and a rental value of £2,529 per month.
If you were able to purchase this property for the estimated value of £709,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,487 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, 35, Park Drive, Romford sits on a plot of 507m2.
We have plot size data on 11 out of 20 other houses in the postcode and 35, Park Drive, Romford sits on the 5th largest plot.
According to HM Land Registry, 35, Park Drive, Romford was last sold on 05 Nov 2021 for £700,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Park Drive, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 20, Park Drive, Romford, RM1 4LH, a Freehold house which sold for £740,000 in Jul 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Drive, Romford, RM1 has a total of 46 addresses. According to our analysis of all the public data, 35, Park Drive, Romford is the 12th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £315k more expensive than the average property in RM1.
35, Park Drive, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 35, Park Drive, Romford is Romford station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 35, Park Drive, Romford, 45.4% of property is privately owned with a mortgage and 43.7% 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 35, Park Drive, Romford, 20.4% of residents are recorded as possessing school level qualifications and 42.1% 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 35, Park Drive, Romford, the average age was 40.2 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 35, Park Drive, Romford, 0.3% 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 35, Park Drive, 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.