According to the public record, 7, Oxford Close, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 655 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Oxford Close, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
7, Oxford Close, Romford has 21 entries in the Land Registry database, most recently in July 2006 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.
•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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Oxford Close Romford as £473,234 and the rental value as £2,352 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 7 Oxford Close Romford has increased by £842 (0.2%) and its rental value has increased by £147 per month (6.3%).
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 7, Oxford Close, Romford is in very good condition we estimate a sale value of £496,896 and rental value of £2,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,108 and a rental value of £2,188 per month.
If you were able to purchase this property for the estimated value of £473,234, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,326 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, 7, Oxford Close, Romford was last sold on 14 Jul 2006 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Oxford Close, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 16, Hamilton Road, Romford, RM2 5SB, a Freehold house which sold for £341,000 in Mar 2021.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oxford Close, Romford, RM2 has a total of 20 addresses. According to our analysis of all the public data, 7, Oxford Close, Romford is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in RM2.
The closest station to 7, Oxford Close, Romford is Gidea Park station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Oxford Close, Romford, 41.2% of property is privately owned with a mortgage and 32.2% 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 7, Oxford Close, Romford, 17.4% of residents are recorded as possessing school level qualifications and 43.3% 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 7, Oxford Close, Romford, the average age was 42.1 and the most common age was 52.
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 7, Oxford Close, 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 7, Oxford 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.