According to the public record, 5, Glades Close, Romford is a modern freehold house with 1,636 ft2 of internal area and sits on a 318 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Glades Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
5, Glades Close, Romford has a single entry in the Land Registry database from February 2015 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Glades Close Romford as £660,237 and the rental value as £2,785 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Glades Close Romford has decreased by £9,839 (1.5%) and its rental value has increased by £125 per month (4.5%).
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, Glades Close, Romford is in very good condition we estimate a sale value of £693,249 and rental value of £2,925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £614,021 and a rental value of £2,590 per month.
If you were able to purchase this property for the estimated value of £660,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,245 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, Glades Close, Romford sits on a plot of 318m2.
We have plot size data on 9 out of 9 other houses in the postcode and 5, Glades Close, Romford sits on the largest plot.
According to HM Land Registry, 5, Glades Close, Romford was last sold on 05 Feb 2015 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2015, the market for similar properties has risen 35.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Glades Close, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 19, Oxford Close, Romford, RM2 5UT, a Freehold house which sold for £775,000 in Sep 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glades Close, Romford, RM1 has a total of 9 addresses. According to our analysis of all the public data, 5, Glades Close, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £266k more expensive than the average property in RM1.
5, Glades Close, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Feb 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 5, Glades Close, Romford is Gidea Park station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Glades Close, Romford, 31.3% of property is socially rented and 26.7% is privately rented.
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, Glades Close, Romford, 24.9% of residents are recorded as possessing school level qualifications and 35.1% 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, Glades Close, 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 5, Glades Close, Romford, 0.6% 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, Glades Close, 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.