88A, Laurel Crescent, Romford has no records in the Land Registry database and a single entry in the EPC database dated January 2024.
We combine this information with public data 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 88A, Laurel Crescent, Romford is in very good condition we estimate a sale value of £442,463 and rental value of £2,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,896 and a rental value of £1,868 per month.
If you were able to purchase this property for the estimated value of £421,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,071 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88A, Laurel Crescent, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 62, Laurel Crescent, Romford, RM7 0RT, a Freehold house which sold for £430,000 in Jul 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Crescent, Romford, RM7 has a total of 95 addresses. According to our analysis of all the public data, 88A, Laurel Crescent, Romford is the 83rd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in RM7.
88A, Laurel Crescent, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
According to the public record, 88A, Laurel Crescent, Romford is a early-century house with 947 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laurel Crescent, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 88A Laurel Crescent Romford as £421,393 and the rental value as £2,008 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 88A Laurel Crescent Romford has decreased by £3,227 (0.8%) and its rental value has increased by £97 per month (4.8%).
The closest station to 88A, Laurel Crescent, Romford is Elm Park station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 88A, Laurel Crescent, Romford, 46.2% of property is privately owned outright and 42.0% 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 88A, Laurel Crescent, Romford, 18.3% of residents are recorded as possessing school level qualifications and 26.7% 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 88A, Laurel Crescent, Romford, the average age was 38.7 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 88A, Laurel Crescent, 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 88A, Laurel Crescent, Romford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.