According to the public record, 47, Birch Close, Romford is a mid-century freehold house with 871 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Birch Close, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
47, Birch Close, Romford has 21 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated March 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 47 Birch Close Romford as £399,503 and the rental value as £1,935 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 47 Birch Close Romford has decreased by £3,465 (0.9%) and its rental value has increased by £97 per month (5.0%).
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 47, Birch Close, Romford is in very good condition we estimate a sale value of £419,478 and rental value of £2,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,537 and a rental value of £1,799 per month.
If you were able to purchase this property for the estimated value of £399,503, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,963 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, 47, Birch Close, Romford sits on a plot of 165m2.
We have plot size data on 38 out of 54 other houses in the postcode and 47, Birch Close, Romford sits on the 19th largest plot.
According to HM Land Registry, 47, Birch Close, Romford was last sold on 28 Jun 2021 for £397,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Birch Close, Romford within a radius of 540 metres over the last 2 years.
The most recent example is 61, Birch Close, Romford, RM7 8ES, a Freehold house which sold for £392,000 in Dec 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birch Close, Romford, RM7 has a total of 88 addresses. According to our analysis of all the public data, 47, Birch Close, Romford is the 52nd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in RM7.
47, Birch Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2015.
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 47, Birch Close, Romford is Romford station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 47, Birch Close, Romford, 51.6% of property is privately owned with a mortgage and 33.9% 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 47, Birch Close, Romford, 22.4% of residents are recorded as possessing school level qualifications and 32.5% 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 47, Birch Close, Romford, the average age was 38.3 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 47, Birch Close, Romford, 0.3% 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 47, Birch Close, 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.