According to the public record, 53, Gelsthorpe Road, Romford is a early-century freehold house with 807 ft2 of internal area and sits on a 202 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gelsthorpe Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
53, Gelsthorpe Road, Romford has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated May 2015.
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 53 Gelsthorpe Road Romford as £404,978 and the rental value as £1,875 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 53 Gelsthorpe Road Romford has decreased by £6,425 (1.6%) and its rental value has increased by £101 per month (5.4%).
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 53, Gelsthorpe Road, Romford is in very good condition we estimate a sale value of £425,227 and rental value of £1,968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,629 and a rental value of £1,743 per month.
If you were able to purchase this property for the estimated value of £404,978, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,990 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, 53, Gelsthorpe Road, Romford sits on a plot of 202m2.
We have plot size data on 14 out of 30 other houses in the postcode and 53, Gelsthorpe Road, Romford sits on the 12th largest plot.
According to HM Land Registry, 53, Gelsthorpe Road, Romford was last sold on 29 Jun 2021 for £340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Gelsthorpe Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 91, Riversdale Road, Romford, RM5 2NR, a Freehold house which sold for £440,000 in Feb 2024.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gelsthorpe Road, Romford, RM5 has a total of 86 addresses. According to our analysis of all the public data, 53, Gelsthorpe Road, Romford is the 69th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in RM5.
53, Gelsthorpe Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2015.
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 53, Gelsthorpe Road, Romford is Romford station which is 3.2 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 53, Gelsthorpe Road, Romford, 54.2% of property is privately owned with a mortgage and 38.9% 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 53, Gelsthorpe Road, Romford, 22.5% of residents are recorded as possessing school level qualifications and 24.8% 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 53, Gelsthorpe Road, Romford, the average age was 39.2 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 53, Gelsthorpe Road, Romford, 0.5% 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 53, Gelsthorpe Road, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.