According to the public record, 8, Chatteris Avenue, Romford is a mid-century freehold house with 904 ft2 of internal area and sits on a 344 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chatteris Avenue, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
8, Chatteris Avenue, Romford has 2 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated May 2013.
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 Chatteris Avenue Romford as £435,086 and the rental value as £1,967 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Chatteris Avenue Romford has decreased by £3,407 (0.8%) and its rental value has increased by £101 per month (5.1%).
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, Chatteris Avenue, Romford is in very good condition we estimate a sale value of £456,840 and rental value of £2,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,630 and a rental value of £1,830 per month.
If you were able to purchase this property for the estimated value of £435,086, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,138 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, Chatteris Avenue, Romford sits on a plot of 344m2.
We have plot size data on 10 out of 24 other houses in the postcode and 8, Chatteris Avenue, Romford sits on the 7th largest plot.
According to HM Land Registry, 8, Chatteris Avenue, Romford was last sold on 15 Feb 2018 for £369,995 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2018, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chatteris Avenue, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 14, Guildford Gardens, Romford, RM3 8LS, a Freehold house which sold for £436,000 in Jul 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chatteris Avenue, Romford, RM3 has a total of 137 addresses. According to our analysis of all the public data, 8, Chatteris Avenue, Romford is the 40th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in RM3.
8, Chatteris Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2013.
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, Chatteris Avenue, Romford is Harold Wood station which is 1.3 kilometres 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, Chatteris Avenue, Romford, 47.8% of property is privately owned with a mortgage and 24.4% 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 8, Chatteris Avenue, Romford, 26.2% of residents are recorded as possessing school level qualifications and 35.1% 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 8, Chatteris Avenue, Romford, the average age was 33.9 and the most common age was 7.
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, Chatteris Avenue, 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, Chatteris Avenue, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.