According to the public record, 8, Charlock Close, Romford is a modern freehold house with 1,216 ft2 of internal area and sits on a 135 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Charlock Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
8, Charlock Close, Romford has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated September 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 8 Charlock Close Romford as £578,051 and the rental value as £2,327 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 8 Charlock Close Romford has decreased by £15,059 (2.6%) and its rental value has increased by £75 per month (3.2%).
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, Charlock Close, Romford is in very good condition we estimate a sale value of £606,953 and rental value of £2,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £537,587 and a rental value of £2,164 per month.
If you were able to purchase this property for the estimated value of £578,051, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,841 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, Charlock Close, Romford sits on a plot of 135m2.
We have plot size data on 21 out of 21 other houses in the postcode and 8, Charlock Close, Romford sits on the 8th largest plot.
According to HM Land Registry, 8, Charlock Close, Romford was last sold on 26 Oct 2016 for £555,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Charlock Close, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 7, Safflower Lane, Romford, RM3 0LN, a Freehold house which sold for £570,000 in May 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charlock Close, Romford, RM3 has a total of 38 addresses. According to our analysis of all the public data, 8, Charlock Close, Romford is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £217k more expensive than the average property in RM3.
8, Charlock Close, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, Charlock Close, Romford is Harold Wood station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Charlock Close, Romford, 37.4% of property is privately owned outright and 35.7% 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, Charlock Close, Romford, 13.1% of residents are recorded as possessing school level qualifications and 31.0% 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, Charlock Close, Romford, the average age was 40.7 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 8, Charlock Close, 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 8, Charlock Close, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.