According to the public record, 38, Millbrook Gardens, Romford is a mid-century freehold house with 1,474 ft2 of internal area and sits on a 402 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Millbrook Gardens, Gidea Park, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
38, Millbrook Gardens, Romford has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated April 2022.
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 Millbrook Gardens Romford as £604,288 and the rental value as £2,840 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 38 Millbrook Gardens Romford has decreased by £16,524 (2.7%) and its rental value has increased by £94 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, Millbrook Gardens, Romford is in very good condition we estimate a sale value of £634,503 and rental value of £2,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,988 and a rental value of £2,641 per month.
If you were able to purchase this property for the estimated value of £604,288, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,970 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, Millbrook Gardens, Romford sits on a plot of 402m2.
We have plot size data on 29 out of 40 other houses in the postcode and 38, Millbrook Gardens, Romford sits on the 5th largest plot.
According to HM Land Registry, 38, Millbrook Gardens, Romford was last sold on 27 Oct 2021 for £525,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Millbrook Gardens, Romford within a radius of 610 metres over the last 2 years.
The most recent example is 41, Beauly Way, Romford, RM1 4XH, a Freehold house which sold for £659,000 in Sep 2022.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millbrook Gardens, Gidea Park, Romford, RM2 has a total of 40 addresses. According to our analysis of all the public data, 38, Millbrook Gardens, Romford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in RM2.
38, Millbrook Gardens, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2022.
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, Millbrook Gardens, Romford is Gidea Park station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Millbrook Gardens, Romford, 52.8% of property is privately owned outright and 35.4% 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, Millbrook Gardens, Romford, 21.3% of residents are recorded as possessing school level qualifications and 29.6% 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, Millbrook Gardens, 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, Millbrook Gardens, Romford, 1.5% 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, Millbrook Gardens, 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.