According to the public record, 4, Acorn Close, Romford is a modern freehold house with 1,194 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Acorn Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
4, Acorn Close, Romford has 2 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated August 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 4 Acorn Close Romford as £491,937 and the rental value as £2,393 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 4 Acorn Close Romford has decreased by £11,189 (2.3%) and its rental value has increased by £93 per month (3.9%).
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 4, Acorn Close, Romford is in very good condition we estimate a sale value of £516,534 and rental value of £2,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,501 and a rental value of £2,225 per month.
If you were able to purchase this property for the estimated value of £491,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,418 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, 4, Acorn Close, Romford sits on a plot of 272m2.
We have plot size data on 3 out of 4 other houses in the postcode and 4, Acorn Close, Romford sits on the largest plot.
According to HM Land Registry, 4, Acorn Close, Romford was last sold on 16 Jan 2023 for £515,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Acorn Close, Romford within a radius of 600 metres over the last 2 years.
The most recent example is 2, Pettits Boulevard, Romford, RM1 4PL, a Freehold house which sold for £625,000 in Jul 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acorn Close, Romford, RM1 has a total of 4 addresses. According to our analysis of all the public data, 4, Acorn Close, Romford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in RM1.
4, Acorn Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 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 4, Acorn Close, Romford is Romford station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Acorn Close, 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 4, Acorn Close, 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 4, Acorn Close, 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 4, Acorn Close, 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 4, Acorn Close, 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.