According to the public record, 78, Laurel Crescent, Romford is a early-century freehold house with 1,119 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Laurel Crescent, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
78, Laurel Crescent, Romford has a single entry in the Land Registry database from September 2016 and a single entry in the EPC database dated May 2016.
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 78 Laurel Crescent Romford as £454,274 and the rental value as £2,148 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 78 Laurel Crescent Romford has decreased by £8,409 (1.9%) and its rental value has increased by £79 per month (3.7%).
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 78, Laurel Crescent, Romford is in very good condition we estimate a sale value of £476,987 and rental value of £2,255 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,474 and a rental value of £1,997 per month.
If you were able to purchase this property for the estimated value of £454,274, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,233 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, 78, Laurel Crescent, Romford sits on a plot of 231m2.
We have plot size data on 22 out of 45 other houses in the postcode and 78, Laurel Crescent, Romford sits on the 15th largest plot.
According to HM Land Registry, 78, Laurel Crescent, Romford was last sold on 05 Sep 2016 for £370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Laurel Crescent, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 59, Laurel Crescent, Romford, RM7 0RU, a Freehold house which sold for £440,000 in Jun 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Crescent, Romford, RM7 has a total of 95 addresses. According to our analysis of all the public data, 78, Laurel Crescent, Romford is the 37th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in RM7.
78, Laurel Crescent, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 May 2016.
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 78, Laurel Crescent, Romford is Elm Park station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 78, Laurel Crescent, Romford, 46.2% of property is privately owned outright and 42.0% is privately owned with a mortgage.
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 78, Laurel Crescent, Romford, 18.3% of residents are recorded as possessing school level qualifications and 26.7% 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 78, Laurel Crescent, Romford, the average age was 38.7 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 78, Laurel Crescent, 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 78, Laurel Crescent, Romford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.