8, Melton Gardens, Romford has a single entry in the Land Registry database from September 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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, Melton Gardens, Romford is in very good condition we estimate a sale value of £481,962 and rental value of £2,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,880 and a rental value of £2,062 per month.
If you were able to purchase this property for the estimated value of £459,011, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,256 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, Melton Gardens, Romford sits on a plot of 190m2.
We have plot size data on 20 out of 42 other houses in the postcode and 8, Melton Gardens, Romford sits on the 19th largest plot.
According to HM Land Registry, 8, Melton Gardens, Romford was last sold on 30 Sep 2019 for £373,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Melton Gardens, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 329, South Street, Romford, RM1 2AP, a Freehold house which sold for £475,000 in Mar 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melton Gardens, Romford, RM1 has a total of 43 addresses. According to our analysis of all the public data, 8, Melton Gardens, Romford is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in RM1.
8, Melton Gardens, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 8, Melton Gardens, Romford is a early-century freehold house with 1,001 ft2 of internal area and sits on a 190 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melton Gardens, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Melton Gardens Romford as £459,011 and the rental value as £2,218 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Melton Gardens Romford has decreased by £1,654 (0.4%) and its rental value has increased by £124 per month (5.6%).
The closest station to 8, Melton Gardens, Romford is Romford station which is 0 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Melton Gardens, Romford, 38.0% of property is privately owned with a mortgage and 27.0% 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, Melton Gardens, Romford, 20.3% of residents are recorded as possessing school level qualifications and 36.2% 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, Melton Gardens, Romford, the average age was 36.6 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, Melton Gardens, Romford, 0.5% 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, Melton Gardens, 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.