According to the public record, 8, Salcombe Drive, Romford is a early-century freehold house with 1,044 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Salcombe Drive, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
8, Salcombe Drive, Romford has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated April 2014.
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 Salcombe Drive Romford as £463,084 and the rental value as £2,166 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Salcombe Drive Romford has decreased by £2,465 (0.5%) and its rental value has increased by £96 per month (4.4%).
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, Salcombe Drive, Romford is in very good condition we estimate a sale value of £486,238 and rental value of £2,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,668 and a rental value of £2,015 per month.
If you were able to purchase this property for the estimated value of £463,084, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,276 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, Salcombe Drive, Romford sits on a plot of 279m2.
We have plot size data on 17 out of 27 other houses in the postcode and 8, Salcombe Drive, Romford sits on the 12th largest plot.
According to HM Land Registry, 8, Salcombe Drive, Romford was last sold on 25 Nov 2014 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 46.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Salcombe Drive, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 35, Coombewood Drive, Romford, RM6 6AB, a Freehold house which sold for £485,000 in Apr 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salcombe Drive, Romford, RM6 has a total of 54 addresses. According to our analysis of all the public data, 8, Salcombe Drive, Romford is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in RM6.
8, Salcombe Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2014.
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, Salcombe Drive, Romford is Chadwell Heath station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Salcombe Drive, Romford, 44.6% of property is privately owned with a mortgage and 35.7% 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, Salcombe Drive, Romford, 27.7% of residents are recorded as possessing school level qualifications and 41.3% 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, Salcombe Drive, Romford, the average age was 35.3 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, Salcombe Drive, Romford, 1.2% 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, Salcombe Drive, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.