According to the public record, 40, Havering Drive, Romford is a early-century freehold house with 990 ft2 of internal area and sits on a 466 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Havering Drive, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
40, Havering Drive, Romford has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated July 2016.
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 40 Havering Drive Romford as £543,603 and the rental value as £2,224 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 40 Havering Drive Romford has decreased by £7,154 (1.3%) and its rental value has increased by £106 per month (4.7%).
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, Havering Drive, Romford is in very good condition we estimate a sale value of £570,783 and rental value of £2,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £505,550 and a rental value of £2,069 per month.
If you were able to purchase this property for the estimated value of £543,603, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,672 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, Havering Drive, Romford sits on a plot of 466m2.
We have plot size data on 20 out of 39 other houses in the postcode and 40, Havering Drive, Romford sits on the 5th largest plot.
According to HM Land Registry, 40, Havering Drive, Romford was last sold on 21 Jul 2017 for £482,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Havering Drive, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 61, Mashiters Walk, Romford, RM1 4BX, a Freehold house which sold for £595,000 in Oct 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Havering Drive, Romford, RM1 has a total of 58 addresses. According to our analysis of all the public data, 40, Havering Drive, Romford is the 47th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in RM1.
40, Havering Drive, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jul 2016.
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 40, Havering Drive, Romford is Romford station which is 1.2 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, Havering Drive, Romford, 54.6% of property is privately owned outright and 40.0% 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, Havering Drive, Romford, 16.9% of residents are recorded as possessing school level qualifications and 38.1% 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, Havering Drive, 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 40, Havering Drive, Romford, 2.4% 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, Havering Drive, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.