According to the public record, 77, Oldchurch Gardens, Romford is a mid-century apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Oldchurch Gardens, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
77, Oldchurch Gardens, Romford has no records in the Land Registry database and a single entry in the EPC database dated June 2022.
We combine this information with public data 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 77 Oldchurch Gardens Romford as £190,931 and the rental value as £1,160 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 77 Oldchurch Gardens Romford has increased by £71 (0.0%) and its rental value has increased by £65 per month (5.6%).
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 77, Oldchurch Gardens, Romford is in very good condition we estimate a sale value of £200,478 and rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,566 and a rental value of £1,079 per month.
If you were able to purchase this property for the estimated value of £190,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £938 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Oldchurch Gardens, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 84, Oldchurch Gardens, Romford, RM7 0DJ, a Leasehold flat which sold for £204,000 in Mar 2017.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oldchurch Gardens, Romford, RM7 has a total of 84 addresses. According to our analysis of all the public data, 77, Oldchurch Gardens, Romford is the 20th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in RM7.
77, Oldchurch Gardens, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jun 2022.
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 77, Oldchurch Gardens, Romford is Romford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 77, Oldchurch Gardens, Romford, 66.7% of property is socially rented and 13.5% 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 77, Oldchurch Gardens, Romford, 29.8% of residents are recorded as possessing school level qualifications and 20.7% 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 77, Oldchurch Gardens, Romford, the average age was 35.1 and the most common age was 32.
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 77, Oldchurch Gardens, 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 77, Oldchurch Gardens, Romford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.