Lorraine Court, Victoria Road, Romford, RM1 is a residential building located on Victoria Road, Romford, RM1. It is the 402nd largest building in the RM1 area.
It contains 10 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £235,305. Sales values have decreased in the last 12 months by 0.6% and Rental values have increased by 5.5%.
Property sale values range from £110,142 for a studio leasehold flat of 172 square feet and has no outside space to £506,295 for a leasehold flat, with 3 bedrooms split across 786 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Lorraine Court, Victoria Road, Romford, RM1 is £368/ft2.
Properties achieve a rental yield of between 5.6% and 7.4%, and rental values range from £623 to £2,419 per month.
The last sale was 04 Jul 2024 for £242,000 and since then the market in the area has increased by 0%. The building has had a total of 4 sales since 1995.
Lorraine Court, Victoria Road, Romford, RM1 has seen 4 sales in the last three years and 4 sales in the last twelve months.
Lorraine Court, Victoria Road, Romford, RM1 is a residential building located on Victoria Road, Romford, RM1 with 10 flats.
The most common property type in Lorraine Court, Victoria Road, Romford, RM1 is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to Lorraine Court, Victoria Road, Romford, RM1 is Romford station which is 400 metres 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 Lorraine Court, Victoria Road, Romford, RM1, 56.0% of property is privately rented and 19.3% 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 Lorraine Court, Victoria Road, Romford, RM1, 19.1% of residents are recorded as possessing school level qualifications and 36.1% 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 Lorraine Court, Victoria Road, Romford, RM1, the average age was 37 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 Lorraine Court, Victoria Road, Romford, RM1, 0.2% 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 Lorraine Court, Victoria Road, Romford, RM1, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.