According to the public record, 55, Millhaven Close, Romford is a modern freehold house with 613 ft2 of internal area and sits on a 98.8 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Millhaven Close, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
55, Millhaven Close, Romford has 21 entries in the Land Registry database, most recently in October 2010 and a single entry in the EPC database dated January 2011.
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 55 Millhaven Close Romford as £353,482 and the rental value as £1,679 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 55 Millhaven Close Romford has increased by £644 (0.2%) and its rental value has increased by £82 per month (4.9%).
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 55, Millhaven Close, Romford is in very good condition we estimate a sale value of £371,156 and rental value of £1,763 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,738 and a rental value of £1,561 per month.
If you were able to purchase this property for the estimated value of £353,482, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,737 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, 55, Millhaven Close, Romford sits on a plot of 99m2.
We have plot size data on 21 out of 43 other houses in the postcode and 55, Millhaven Close, Romford sits on the 21st largest plot.
According to HM Land Registry, 55, Millhaven Close, Romford was last sold on 12 Oct 2010 for £201,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2010, the market for similar properties has risen 99.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Millhaven Close, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 24, Crucible Close, Romford, RM6 4PZ, a Freehold house which sold for £347,500 in Aug 2022.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millhaven Close, Romford, RM6 has a total of 168 addresses. According to our analysis of all the public data, 55, Millhaven Close, Romford is the 42nd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in RM6.
55, Millhaven Close, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 2011.
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 55, Millhaven Close, Romford is Chadwell Heath station which is 1.0 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 55, Millhaven Close, Romford, 33.0% of property is privately rented and 31.3% 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 55, Millhaven Close, Romford, 26.6% of residents are recorded as possessing school level qualifications and 34.8% 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 55, Millhaven Close, 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 55, Millhaven 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 55, Millhaven Close, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.