According to the public record, 5, West Park Close, Romford is a early-century freehold house with 1,377 ft2 of internal area and sits on a 336 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
West Park Close, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
5, West Park Close, Romford has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated March 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 5 West Park Close Romford as £458,417 and the rental value as £2,258 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5 West Park Close Romford has decreased by £5,471 (1.2%) and its rental value has increased by £80 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, West Park Close, Romford is in very good condition we estimate a sale value of £481,338 and rental value of £2,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,328 and a rental value of £2,100 per month.
If you were able to purchase this property for the estimated value of £458,417, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,253 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, West Park Close, Romford sits on a plot of 336m2.
We have plot size data on 8 out of 14 other houses in the postcode and 5, West Park Close, Romford sits on the 3rd largest plot.
According to HM Land Registry, 5, West Park Close, Romford was last sold on 29 Jun 2021 for £447,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, West Park Close, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 39, East Road, Romford, RM6 6XR, a Freehold house which sold for £500,000 in May 2022.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Park Close, Romford, RM6 has a total of 18 addresses. According to our analysis of all the public data, 5, West Park Close, Romford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in RM6.
5, West Park Close, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 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 5, West Park Close, Romford is Chadwell Heath station which is 1.1 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 5, West Park Close, Romford, 34.1% of property is privately owned with a mortgage and 25.4% is socially 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, West Park Close, Romford, 25.7% of residents are recorded as possessing school level qualifications and 31.4% 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, West Park Close, Romford, the average age was 35.3 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, West Park Close, Romford, 0.0% 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, West Park 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.