According to the public record, 40, Coral Close, Romford is a mid-century house with 1,248 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Coral Close, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
40, Coral Close, Romford has no records in the Land Registry database and a single entry in the EPC database dated April 2024.
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 40 Coral Close Romford as £411,482 and the rental value as £2,087 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 40 Coral Close Romford has decreased by £1,677 (0.4%) and its rental value has increased by £95 per month (4.5%).
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 40, Coral Close, Romford is in very good condition we estimate a sale value of £432,056 and rental value of £2,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,678 and a rental value of £1,941 per month.
If you were able to purchase this property for the estimated value of £411,482, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,022 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, 40, Coral Close, Romford sits on a plot of 105m2.
We have plot size data on 25 out of 52 other houses in the postcode and 40, Coral Close, Romford sits on the 19th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Coral Close, Romford within a radius of 720 metres over the last 2 years.
The most recent example is 64, Uplands Road, Romford, RM6 5PD, a Freehold house which sold for £375,000 in Nov 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coral Close, Romford, RM6 has a total of 52 addresses. According to our analysis of all the public data, 40, Coral Close, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in RM6.
40, Coral Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 40, Coral Close, Romford is Chadwell Heath station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Coral Close, Romford, 48.1% of property is socially rented and 23.6% 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 40, Coral Close, Romford, 22.0% of residents are recorded as possessing school level qualifications and 29.2% 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 40, Coral Close, Romford, the average age was 34.1 and the most common age was 12.
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, Coral 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 40, Coral Close, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.