According to the public record, 45, Melton Gardens, Romford is a early-century freehold house with 893 ft2 of internal area and sits on a 283 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melton Gardens, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
45, Melton Gardens, Romford has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated October 2015.
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 45 Melton Gardens Romford as £434,614 and the rental value as £2,133 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 45 Melton Gardens Romford has decreased by £1,566 (0.4%) and its rental value has increased by £119 per month (5.6%).
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 45, Melton Gardens, Romford is in very good condition we estimate a sale value of £456,345 and rental value of £2,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,191 and a rental value of £1,984 per month.
If you were able to purchase this property for the estimated value of £434,614, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,136 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, 45, Melton Gardens, Romford sits on a plot of 283m2.
We have plot size data on 20 out of 42 other houses in the postcode and 45, Melton Gardens, Romford sits on the 9th largest plot.
According to HM Land Registry, 45, Melton Gardens, Romford was last sold on 30 Oct 2015 for £258,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Melton Gardens, Romford within a radius of 460 metres over the last 2 years.
The most recent example is 24, Longfield Avenue, Hornchurch, RM11 1AL, a Freehold house which sold for £359,000 in May 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melton Gardens, Romford, RM1 has a total of 43 addresses. According to our analysis of all the public data, 45, Melton Gardens, Romford is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in RM1.
45, Melton Gardens, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 45, Melton Gardens, Romford is Romford station which is 0 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 45, Melton Gardens, Romford, 38.0% of property is privately owned with a mortgage and 27.0% 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 45, Melton Gardens, Romford, 20.3% of residents are recorded as possessing school level qualifications and 36.2% 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 45, Melton Gardens, Romford, the average age was 36.6 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 45, Melton Gardens, Romford, 0.5% 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 45, Melton Gardens, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.