According to the public record, 49, David Drive, Romford is a early-century freehold house with 775 ft2 of internal area and sits on a 423 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
David Drive, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
49, David Drive, Romford has a single entry in the Land Registry database from October 2012 and a single entry in the EPC database dated September 2021.
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 49 David Drive Romford as £569,867 and the rental value as £2,406 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 49 David Drive Romford has decreased by £10,857 (1.9%) and its rental value has increased by £95 per month (3.9%).
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 49, David Drive, Romford is in very good condition we estimate a sale value of £598,361 and rental value of £2,526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £529,977 and a rental value of £2,237 per month.
If you were able to purchase this property for the estimated value of £569,867, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,801 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, 49, David Drive, Romford sits on a plot of 423m2.
We have plot size data on 18 out of 29 other houses in the postcode and 49, David Drive, Romford sits on the 2nd largest plot.
According to HM Land Registry, 49, David Drive, Romford was last sold on 05 Oct 2012 for £207,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2012, the market for similar properties has risen 94.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, David Drive, Romford within a radius of 650 metres over the last 2 years.
The most recent example is 33, David Drive, Romford, RM3 0YA, a Freehold house which sold for £330,000 in Aug 2016.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
David Drive, Romford, RM3 has a total of 58 addresses. According to our analysis of all the public data, 49, David Drive, Romford is the 29th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £209k more expensive than the average property in RM3.
49, David Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 2021.
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 49, David Drive, Romford is Harold Wood station which is 1.0 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 49, David Drive, Romford, 46.3% of property is privately owned outright and 35.5% 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 49, David Drive, Romford, 18.2% of residents are recorded as possessing school level qualifications and 22.5% 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 49, David 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 49, David Drive, Romford, 1.8% 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 49, David Drive, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.