According to the public record, 38, Chadwell Avenue, Romford is a early-century freehold house with 839 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chadwell Avenue, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
38, Chadwell Avenue, Romford has 31 entries in the Land Registry database, most recently in November 2015 and a single entry in the EPC database dated June 2015.
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 38 Chadwell Avenue Romford as £441,818 and the rental value as £2,013 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 38 Chadwell Avenue Romford has decreased by £2,865 (0.6%) and its rental value has increased by £75 per month (3.7%).
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 38, Chadwell Avenue, Romford is in very good condition we estimate a sale value of £463,909 and rental value of £2,113 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,891 and a rental value of £1,872 per month.
If you were able to purchase this property for the estimated value of £441,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,171 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, 38, Chadwell Avenue, Romford sits on a plot of 184m2.
We have plot size data on 26 out of 38 other houses in the postcode and 38, Chadwell Avenue, Romford sits on the 18th largest plot.
According to HM Land Registry, 38, Chadwell Avenue, Romford was last sold on 04 Nov 2015 for £390,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2015, the market for similar properties has risen 24.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Chadwell Avenue, Romford within a radius of 470 metres over the last 2 years.
The most recent example is 62, Eccleston Crescent, Romford, RM6 4QU, a Freehold house which sold for £560,000 in Apr 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chadwell Avenue, Romford, RM6 has a total of 79 addresses. According to our analysis of all the public data, 38, Chadwell Avenue, Romford is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in RM6.
38, Chadwell Avenue, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jun 2015.
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 38, Chadwell Avenue, Romford is Goodmayes station which is 500 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 38, Chadwell Avenue, Romford, 45.5% of property is privately rented and 30.9% 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 38, Chadwell Avenue, Romford, 28.4% of residents are recorded as possessing school level qualifications and 46.3% 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 38, Chadwell Avenue, Romford, the average age was 34.6 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 38, Chadwell Avenue, 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 38, Chadwell Avenue, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.