According to the public record, 5, Belfairs Drive, Romford is a early-century freehold house with 1,399 ft2 of internal area and sits on a 180 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Belfairs Drive, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
5, Belfairs Drive, Romford has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated December 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 5 Belfairs Drive Romford as £536,284 and the rental value as £2,347 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 5 Belfairs Drive Romford has decreased by £6,195 (1.2%) and its rental value has increased by £83 per month (3.6%).
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 5, Belfairs Drive, Romford is in very good condition we estimate a sale value of £563,099 and rental value of £2,464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,745 and a rental value of £2,183 per month.
If you were able to purchase this property for the estimated value of £536,284, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,636 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, 5, Belfairs Drive, Romford sits on a plot of 180m2.
We have plot size data on 20 out of 36 other houses in the postcode and 5, Belfairs Drive, Romford sits on the 9th largest plot.
According to HM Land Registry, 5, Belfairs Drive, Romford was last sold on 20 Dec 2013 for £249,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 59.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Belfairs Drive, Romford within a radius of 400 metres over the last 2 years.
The most recent example is 6, Mayesford Road, Romford, RM6 4NU, a Freehold house which sold for £615,000 in Feb 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belfairs Drive, Romford, RM6 has a total of 37 addresses. According to our analysis of all the public data, 5, Belfairs Drive, Romford is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in RM6.
5, Belfairs Drive, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2023.
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 5, Belfairs Drive, Romford is Chadwell Heath station which is 200 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 5, Belfairs Drive, Romford, 42.6% of property is privately owned with a mortgage and 32.8% 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 5, Belfairs Drive, Romford, 25.7% of residents are recorded as possessing school level qualifications and 42.1% 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 5, Belfairs Drive, Romford, the average age was 40.6 and the most common age was 42.
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 5, Belfairs 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 5, Belfairs 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.