According to the public record, 38, Lexden Drive, Romford is a mid-century house with 1,151 ft2 of internal area and sits on a 221 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lexden Drive, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
38, Lexden Drive, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2020.
We combine this information with public data 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 Lexden Drive Romford as £491,013 and the rental value as £2,256 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 38 Lexden Drive Romford has decreased by £6,571 (1.3%) and its rental value has increased by £74 per month (3.3%).
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, Lexden Drive, Romford is in very good condition we estimate a sale value of £515,563 and rental value of £2,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,642 and a rental value of £2,099 per month.
If you were able to purchase this property for the estimated value of £491,013, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,413 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, Lexden Drive, Romford sits on a plot of 221m2.
We have plot size data on 27 out of 56 other houses in the postcode and 38, Lexden Drive, Romford sits on the 26th largest plot.
According to HM Land Registry, 38, Lexden Drive, Romford was last sold on 18 Mar 2002 for £132,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Lexden Drive, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 21, Lexden Drive, Romford, RM6 4TJ, a Freehold house which sold for £475,000 in May 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lexden Drive, Romford, RM6 has a total of 62 addresses. According to our analysis of all the public data, 38, Lexden Drive, Romford is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in RM6.
38, Lexden Drive, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Oct 2020.
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, Lexden Drive, Romford is Goodmayes station which is 1.1 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, Lexden Drive, Romford, 46.6% of property is privately owned with a mortgage and 29.3% 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 38, Lexden Drive, Romford, 26.1% of residents are recorded as possessing school level qualifications and 37.6% 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, Lexden Drive, 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, Lexden Drive, 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, Lexden 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.