According to the public record, 40, Abercorn Gardens, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 924 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Abercorn Gardens, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
40, Abercorn Gardens, Romford has a single entry in the Land Registry database from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Abercorn Gardens Romford as £444,080 and the rental value as £2,050 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 40 Abercorn Gardens Romford has decreased by £3,195 (0.7%) and its rental value has increased by £81 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 40, Abercorn Gardens, Romford is in very good condition we estimate a sale value of £466,284 and rental value of £2,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,994 and a rental value of £1,906 per month.
If you were able to purchase this property for the estimated value of £444,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,183 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 HM Land Registry, 40, Abercorn Gardens, Romford was last sold on 29 Jun 2007 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 74.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Abercorn Gardens, Romford within a radius of 420 metres over the last 2 years.
The most recent example is 4, Lexden Drive, Romford, RM6 4TJ, a Freehold house which sold for £450,000 in Dec 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abercorn Gardens, Romford, RM6 has a total of 72 addresses. According to our analysis of all the public data, 40, Abercorn Gardens, Romford is the 53rd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in RM6.
The closest station to 40, Abercorn Gardens, Romford is Goodmayes station which is 1.0 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 40, Abercorn Gardens, Romford, 29.5% of property is privately owned with a mortgage and 25.1% is privately 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 40, Abercorn Gardens, Romford, 28.4% of residents are recorded as possessing school level qualifications and 41.9% 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 40, Abercorn Gardens, 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 40, Abercorn Gardens, Romford, 0.2% 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 40, Abercorn Gardens, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.