According to the public record, 4, Argus Close, Romford is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 340 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Argus Close, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
4, Argus Close, Romford has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated September 2023.
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 Argus Close Romford as £409,099 and the rental value as £2,014 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 4 Argus Close Romford has decreased by £5,856 (1.4%) and its rental value has increased by £111 per month (5.5%).
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, Argus Close, Romford is in very good condition we estimate a sale value of £429,554 and rental value of £2,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,462 and a rental value of £1,873 per month.
If you were able to purchase this property for the estimated value of £409,099, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,011 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, Argus Close, Romford sits on a plot of 340m2.
We have plot size data on 9 out of 14 other houses in the postcode and 4, Argus Close, Romford sits on the 4th largest plot.
According to HM Land Registry, 4, Argus Close, Romford was last sold on 25 Jan 2022 for £430,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Argus Close, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 31, Victory Way, Romford, RM7 8PB, a Freehold house which sold for £445,000 in Dec 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Argus Close, Romford, RM7 has a total of 20 addresses. According to our analysis of all the public data, 4, Argus Close, Romford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in RM7.
4, Argus Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2023.
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, Argus Close, Romford is Romford station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Argus Close, Romford, 31.9% of property is privately owned with a mortgage and 29.7% 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 4, Argus Close, Romford, 20.5% of residents are recorded as possessing school level qualifications and 21.2% 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, Argus Close, Romford, the average age was 39.2 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 4, Argus 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 4, Argus Close, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.