According to the public record, 56, Donald Drive, Romford is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 1,109 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Donald Drive, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
56, Donald Drive, Romford has 2 entries in the Land Registry database, most recently in June 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 56 Donald Drive Romford as £397,747 and the rental value as £1,631 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 56 Donald Drive Romford has increased by £861 (0.2%) and its rental value has increased by £82 per month (5.0%).
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 56, Donald Drive, Romford is in very good condition we estimate a sale value of £417,634 and rental value of £1,712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,904 and a rental value of £1,516 per month.
If you were able to purchase this property for the estimated value of £397,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,955 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, 56, Donald Drive, Romford was last sold on 20 Jun 2018 for £455,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2018, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of 56, Donald Drive, Romford over the last 2 years.
The most recent example is 48, Donald Drive, Romford, RM6 5DU, a Freehold house which sold for £490,000 in May 2024.
Read more about house prices in RM6.
Donald Drive, Romford, RM6 has a total of 92 addresses. According to our analysis of all the public data, 56, Donald Drive, Romford is the 19th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in RM6.
The closest station to 56, Donald Drive, Romford is Chadwell Heath station which is 1.4 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 56, Donald Drive, Romford, 60.0% of property is privately owned with a mortgage and 32.9% 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 56, Donald Drive, Romford, 28.0% of residents are recorded as possessing school level qualifications and 42.3% 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 56, Donald Drive, 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 56, Donald Drive, Romford, 0.4% 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 56, Donald Drive, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.