According to the public record, 9, Raider Close, Romford is a mid-century freehold house with 764 ft2 of internal area and sits on a 347 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Raider Close, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
9, Raider Close, Romford has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated March 2023.
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 9 Raider Close Romford as £435,981 and the rental value as £1,866 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 9 Raider Close Romford has decreased by £6,241 (1.4%) and its rental value has increased by £103 per month (5.5%).
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 9, Raider Close, Romford is in very good condition we estimate a sale value of £457,780 and rental value of £1,959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,462 and a rental value of £1,735 per month.
If you were able to purchase this property for the estimated value of £435,981, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,143 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, 9, Raider Close, Romford sits on a plot of 347m2.
We have plot size data on 8 out of 14 other houses in the postcode and 9, Raider Close, Romford sits on the 2nd largest plot.
According to HM Land Registry, 9, Raider Close, Romford was last sold on 10 Nov 2023 for £467,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Raider Close, Romford within a radius of 590 metres over the last 2 years.
The most recent example is 10, Raider Close, Romford, RM7 8PJ, a Freehold house which sold for £442,000 in Feb 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raider Close, Romford, RM7 has a total of 14 addresses. According to our analysis of all the public data, 9, Raider Close, Romford is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in RM7.
9, Raider Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2023.
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 9, Raider Close, Romford is Romford station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Raider Close, Romford, 31.9% of property is privately owned with a mortgage and 29.7% is socially rented.
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 9, Raider Close, Romford, 20.5% of residents are recorded as possessing school level qualifications and 21.2% 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 9, Raider Close, Romford, the average age was 39.2 and the most common age was 42.
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 9, Raider 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 9, Raider Close, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.