According to the public record, 51A, Thatches Grove, Romford is a modern freehold house with 1,044 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thatches Grove, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
51A, Thatches Grove, Romford has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property 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 51A Thatches Grove Romford as £426,580 and the rental value as £2,180 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 51A Thatches Grove Romford has decreased by £1,985 (0.5%) and its rental value has increased by £108 per month (4.9%).
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 51A, Thatches Grove, Romford is in very good condition we estimate a sale value of £447,909 and rental value of £2,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,719 and a rental value of £2,027 per month.
If you were able to purchase this property for the estimated value of £426,580, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,097 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, 51A, Thatches Grove, Romford sits on a plot of 242m2.
We have plot size data on 21 out of 28 other houses in the postcode and 51A, Thatches Grove, Romford sits on the 10th largest plot.
According to HM Land Registry, 51A, Thatches Grove, Romford was last sold on 18 Nov 2022 for £452,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51A, Thatches Grove, Romford within a radius of 620 metres over the last 2 years.
The most recent example is 60, Rose Lane, Romford, RM6 5JU, a Freehold house which sold for £390,000 in Sep 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thatches Grove, Romford, RM6 has a total of 115 addresses. According to our analysis of all the public data, 51A, Thatches Grove, Romford is the 8th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in RM6.
51A, Thatches Grove, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2014.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 51A, Thatches Grove, Romford is Chadwell Heath station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 51A, Thatches Grove, Romford, 37.8% of property is privately owned with a mortgage and 35.4% 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 51A, Thatches Grove, Romford, 33.9% of residents are recorded as possessing school level qualifications and 31.5% 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 51A, Thatches Grove, Romford, the average age was 34.1 and the most common age was 12.
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 51A, Thatches Grove, 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 51A, Thatches Grove, 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.