According to the public record, 8, Brook Close, Romford is a mid-century freehold house with 1,377 ft2 of internal area and sits on a 334 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Brook Close, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
8, Brook Close, Romford has a single entry in the Land Registry database from September 2016 and a single entry in the EPC database dated January 2017.
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 8 Brook Close Romford as £842,816 and the rental value as £3,309 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 8 Brook Close Romford has decreased by £23,046 (2.7%) and its rental value has increased by £109 per month (3.3%).
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 8, Brook Close, Romford is in very good condition we estimate a sale value of £884,957 and rental value of £3,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £783,819 and a rental value of £3,078 per month.
If you were able to purchase this property for the estimated value of £842,816, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,142 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, 8, Brook Close, Romford sits on a plot of 334m2.
We have plot size data on 8 out of 11 other houses in the postcode and 8, Brook Close, Romford sits on the 8th largest plot.
According to HM Land Registry, 8, Brook Close, Romford was last sold on 22 Sep 2016 for £640,000 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 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Brook Close, Romford within a radius of 880 metres over the last 2 years.
The most recent example is 41, Parkway, Romford, RM2 5PL, a Freehold house which sold for £970,000 in Mar 2024.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Close, Romford, RM2 has a total of 11 addresses. According to our analysis of all the public data, 8, Brook Close, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £327k more expensive than the average property in RM2.
8, Brook Close, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jan 2017.
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 8, Brook Close, Romford is Gidea Park station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Brook Close, Romford, 47.3% of property is privately owned outright and 44.5% 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 8, Brook Close, Romford, 12.7% of residents are recorded as possessing school level qualifications and 32.3% 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 8, Brook Close, Romford, the average age was 44 and the most common age was 57.
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 8, Brook Close, Romford, 1.6% 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 8, Brook Close, Romford, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.