According to the public record, 74, Thatches Grove, Romford is a mid-century freehold house with 871 ft2 of internal area and sits on a 186 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thatches Grove, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
74, Thatches Grove, Romford has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated August 2023.
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 74 Thatches Grove Romford as £347,468 and the rental value as £1,879 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 74 Thatches Grove Romford has decreased by £351 (0.1%) and its rental value has increased by £92 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 74, Thatches Grove, Romford is in very good condition we estimate a sale value of £364,841 and rental value of £1,973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,145 and a rental value of £1,748 per month.
If you were able to purchase this property for the estimated value of £347,468, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,708 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, 74, Thatches Grove, Romford sits on a plot of 186m2.
We have plot size data on 31 out of 45 other houses in the postcode and 74, Thatches Grove, Romford sits on the 23rd largest plot.
According to HM Land Registry, 74, Thatches Grove, Romford was last sold on 07 Mar 2024 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Thatches Grove, Romford within a radius of 590 metres over the last 2 years.
The most recent example is 59, Thatches Grove, Romford, RM6 5LH, a Freehold house which sold for £361,000 in Dec 2022.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thatches Grove, Romford, RM6 has a total of 115 addresses. According to our analysis of all the public data, 74, Thatches Grove, Romford is the 73rd largest and the 75th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in RM6.
74, Thatches Grove, Romford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 74, Thatches Grove, Romford is Chadwell Heath station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 74, Thatches Grove, Romford, 45.5% of property is privately owned with a mortgage and 36.9% 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 74, Thatches Grove, Romford, 28.4% of residents are recorded as possessing school level qualifications and 41.1% 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 74, Thatches Grove, Romford, the average age was 34.1 and the most common age was 12.
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 74, Thatches Grove, 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 74, Thatches Grove, 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.