According to the public record, 38, Crucible Close, Romford is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Crucible Close, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
38, Crucible Close, Romford has 31 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated November 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 reasonable condition, we estimate the current sale value for 38 Crucible Close Romford as £178,365 and the rental value as £1,062 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 38 Crucible Close Romford has increased by £1,583 (0.9%) and its rental value has increased by £60 per month (5.6%).
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, Crucible Close, Romford is in very good condition we estimate a sale value of £187,283 and rental value of £1,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,879 and a rental value of £988 per month.
If you were able to purchase this property for the estimated value of £178,365, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £877 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, 38, Crucible Close, Romford was last sold on 30 Mar 2016 for £175,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2016, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Crucible Close, Romford within a radius of 380 metres over the last 2 years.
The most recent example is 31, Capstan Close, Romford, RM6 4PY, a Leasehold flat which sold for £183,500 in Apr 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crucible Close, Romford, RM6 has a total of 45 addresses. According to our analysis of all the public data, 38, Crucible Close, Romford is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in RM6.
38, Crucible Close, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Nov 2019.
The property is connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 38, Crucible Close, Romford is Goodmayes station which is 1.0 kilometres 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, Crucible Close, Romford, 33.0% of property is privately rented and 31.3% is socially rented.
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, Crucible Close, Romford, 26.6% of residents are recorded as possessing school level qualifications and 34.8% 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, Crucible Close, Romford, the average age was 40.6 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, Crucible 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 38, Crucible Close, 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.