According to the public record, 43, Chelsworth Drive, Romford is a mid-century freehold house with 850 ft2 of internal area and sits on a 301 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chelsworth Drive, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
43, Chelsworth Drive, Romford has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated May 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 43 Chelsworth Drive Romford as £459,238 and the rental value as £1,918 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 43 Chelsworth Drive Romford has decreased by £10,822 (2.4%) and its rental value has increased by £66 per month (3.5%).
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 43, Chelsworth Drive, Romford is in very good condition we estimate a sale value of £482,200 and rental value of £2,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,091 and a rental value of £1,784 per month.
If you were able to purchase this property for the estimated value of £459,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,257 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, 43, Chelsworth Drive, Romford sits on a plot of 301m2.
We have plot size data on 22 out of 37 other houses in the postcode and 43, Chelsworth Drive, Romford sits on the 9th largest plot.
According to HM Land Registry, 43, Chelsworth Drive, Romford was last sold on 14 Jul 2023 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Chelsworth Drive, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 27, Sackville Crescent, Romford, RM3 0EJ, a Freehold house which sold for £465,000 in Nov 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelsworth Drive, Romford, RM3 has a total of 37 addresses. According to our analysis of all the public data, 43, Chelsworth Drive, Romford is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in RM3.
43, Chelsworth Drive, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 May 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 43, Chelsworth Drive, Romford is Harold Wood station which is 400 metres 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 43, Chelsworth Drive, Romford, 55.9% of property is privately owned outright and 32.2% 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 43, Chelsworth Drive, Romford, 11.9% of residents are recorded as possessing school level qualifications and 31.0% 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 43, Chelsworth Drive, Romford, the average age was 40.7 and the most common age was 32.
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 43, Chelsworth Drive, Romford, 1.2% 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 43, Chelsworth Drive, 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.