According to the public record, 38, Havering Drive, Romford is a early-century freehold house with 882 ft2 of internal area and sits on a 462 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Havering Drive, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
38, Havering Drive, Romford has a single entry in the Land Registry database from May 2012 and a single entry in the EPC database dated April 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 38 Havering Drive Romford as £514,269 and the rental value as £2,138 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 38 Havering Drive Romford has decreased by £6,768 (1.3%) and its rental value has increased by £101 per month (4.7%).
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, Havering Drive, Romford is in very good condition we estimate a sale value of £539,982 and rental value of £2,244 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £478,270 and a rental value of £1,988 per month.
If you were able to purchase this property for the estimated value of £514,269, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,527 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, Havering Drive, Romford sits on a plot of 462m2.
We have plot size data on 20 out of 39 other houses in the postcode and 38, Havering Drive, Romford sits on the 7th largest plot.
According to HM Land Registry, 38, Havering Drive, Romford was last sold on 31 May 2012 for £324,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 77.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Havering Drive, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 45, Park End Road, Romford, RM1 4AX, a Freehold house which sold for £400,000 in Jan 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Havering Drive, Romford, RM1 has a total of 58 addresses. According to our analysis of all the public data, 38, Havering Drive, Romford is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in RM1.
38, Havering Drive, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Apr 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 38, Havering Drive, 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 38, Havering Drive, 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 38, Havering Drive, 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 38, Havering Drive, 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 38, Havering Drive, 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 38, Havering Drive, 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.