According to the public record, 41, Ramsay Gardens, Romford is a mid-century freehold house with 957 ft2 of internal area and sits on a 227 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ramsay Gardens, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
41, Ramsay Gardens, Romford has 2 entries in the Land Registry database, most recently in January 2019 and a single entry in the EPC database dated April 2018.
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 41 Ramsay Gardens Romford as £418,886 and the rental value as £1,876 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 41 Ramsay Gardens Romford has decreased by £2,409 (0.6%) and its rental value has increased by £104 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 41, Ramsay Gardens, Romford is in very good condition we estimate a sale value of £439,831 and rental value of £1,970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,564 and a rental value of £1,744 per month.
If you were able to purchase this property for the estimated value of £418,886, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,059 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, 41, Ramsay Gardens, Romford sits on a plot of 227m2.
We have plot size data on 13 out of 21 other houses in the postcode and 41, Ramsay Gardens, Romford sits on the 13th largest plot.
According to HM Land Registry, 41, Ramsay Gardens, Romford was last sold on 11 Jan 2019 for £385,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2019, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Ramsay Gardens, Romford within a radius of 600 metres over the last 2 years.
The most recent example is 43, Byron Way, Romford, RM3 7PR, a Freehold house which sold for £450,000 in Apr 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ramsay Gardens, Romford, RM3 has a total of 52 addresses. According to our analysis of all the public data, 41, Ramsay Gardens, Romford is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in RM3.
41, Ramsay Gardens, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Apr 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 41, Ramsay Gardens, Romford is Gidea Park station which is 1.3 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 41, Ramsay Gardens, Romford, 36.3% of property is privately owned with a mortgage and 27.4% 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 41, Ramsay Gardens, Romford, 28.6% of residents are recorded as possessing school level qualifications and 27.1% 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 41, Ramsay Gardens, Romford, the average age was 37.6 and the most common age was 37.
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 41, Ramsay Gardens, 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 41, Ramsay Gardens, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.