According to the public record, 114A, Clockhouse Lane, Romford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,395 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Clockhouse Lane, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
114A, Clockhouse Lane, Romford has a single entry in the Land Registry database from December 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 114A Clockhouse Lane Romford as £405,116 and the rental value as £2,016 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 114A Clockhouse Lane Romford has decreased by £13,333 (3.3%) and its rental value has increased by £74 per month (3.7%).
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 114A, Clockhouse Lane, Romford is in very good condition we estimate a sale value of £425,371 and rental value of £2,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,758 and a rental value of £1,875 per month.
If you were able to purchase this property for the estimated value of £405,116, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,991 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 HM Land Registry, 114A, Clockhouse Lane, Romford was last sold on 21 Dec 2017 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114A, Clockhouse Lane, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 34, Charlotte Gardens, Romford, RM5 2ED, a Freehold house which sold for £330,000 in Apr 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clockhouse Lane, Romford, RM5 has a total of 179 addresses. According to our analysis of all the public data, 114A, Clockhouse Lane, Romford is the 20th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in RM5.
The closest station to 114A, Clockhouse Lane, Romford is Romford station which is 3.6 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 114A, Clockhouse Lane, Romford, 50.9% of property is privately owned outright and 34.6% 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 114A, Clockhouse Lane, Romford, 17.5% of residents are recorded as possessing school level qualifications and 25.3% 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 114A, Clockhouse Lane, Romford, the average age was 38.8 and the most common age was 37.
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 114A, Clockhouse Lane, Romford, 1.0% 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 114A, Clockhouse Lane, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.