According to the public record, 5, Galleywood Crescent, Romford is a mid-century leasehold apartment with 706 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Galleywood Crescent, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
5, Galleywood Crescent, Romford has 3 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated August 2010.
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 Galleywood Crescent Romford as £262,236 and the rental value as £1,467 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 5 Galleywood Crescent Romford has decreased by £2,779 (1.1%) and its rental value has increased by £88 per month (6.0%).
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 5, Galleywood Crescent, Romford is in very good condition we estimate a sale value of £275,348 and rental value of £1,540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,880 and a rental value of £1,364 per month.
If you were able to purchase this property for the estimated value of £262,236, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,289 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 HM Land Registry, 5, Galleywood Crescent, Romford was last sold on 28 Sep 2018 for £235,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2018, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Galleywood Crescent, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 61, Chelmsford Avenue, Romford, RM5 3UX, a Leasehold flat which sold for £300,000 in May 2024.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Galleywood Crescent, Romford, RM5 has a total of 40 addresses. According to our analysis of all the public data, 5, Galleywood Crescent, Romford is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in RM5.
5, Galleywood Crescent, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 5, Galleywood Crescent, Romford is Gidea Park station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Galleywood Crescent, Romford, 33.3% of property is socially rented and 27.4% 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, Galleywood Crescent, Romford, 19.5% of residents are recorded as possessing school level qualifications and 17.9% 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, Galleywood Crescent, Romford, the average age was 38.8 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 5, Galleywood Crescent, Romford, 0.7% 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, Galleywood Crescent, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.