According to the public record, 40, Shepherds Close, Romford is a mid-century freehold house with 602 ft2 of internal area and sits on a 134 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Shepherds Close, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
40, Shepherds Close, Romford has a single entry in the Land Registry database from April 2024 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 40 Shepherds Close Romford as £328,427 and the rental value as £1,652 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 40 Shepherds Close Romford has increased by £357 (0.1%) and its rental value has increased by £81 per month (4.9%).
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, Shepherds Close, Romford is in very good condition we estimate a sale value of £344,849 and rental value of £1,734 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,438 and a rental value of £1,536 per month.
If you were able to purchase this property for the estimated value of £328,427, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,614 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, Shepherds Close, Romford sits on a plot of 134m2.
We have plot size data on 30 out of 45 other houses in the postcode and 40, Shepherds Close, Romford sits on the 26th largest plot.
According to HM Land Registry, 40, Shepherds Close, Romford was last sold on 19 Apr 2024 for £371,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Shepherds Close, Romford within a radius of 460 metres over the last 2 years.
The most recent example is 58, Woodrush Way, Romford, RM6 5BL, a Freehold house which sold for £353,500 in Oct 2022.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shepherds Close, Romford, RM6 has a total of 151 addresses. According to our analysis of all the public data, 40, Shepherds Close, Romford is the 132nd largest and the 77th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in RM6.
40, Shepherds Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 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 40, Shepherds Close, Romford is Chadwell Heath station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Shepherds Close, Romford, 40.4% of property is privately owned with a mortgage and 32.1% is privately owned outright.
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, Shepherds Close, Romford, 35.7% of residents are recorded as possessing school level qualifications and 31.3% 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, Shepherds Close, 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, Shepherds 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, Shepherds 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.