According to the public record, 10, Milton Court, Romford is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Milton Court, Chadwell Heath, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
10, Milton Court, Romford has 31 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated December 2022.
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 10 Milton Court Romford as £212,060 and the rental value as £1,163 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 10 Milton Court Romford has increased by £1,559 (0.7%) and its rental value has increased by £64 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 10, Milton Court, Romford is in very good condition we estimate a sale value of £222,663 and rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,216 and a rental value of £1,082 per month.
If you were able to purchase this property for the estimated value of £212,060, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,042 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, 10, Milton Court, Romford was last sold on 18 Sep 2023 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Milton Court, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 2, Milton Court, Romford, RM6 4JP, a Leasehold flat which sold for £223,500 in Jan 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milton Court, Chadwell Heath, Romford, RM6 has a total of 42 addresses. According to our analysis of all the public data, 10, Milton Court, Romford is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in RM6.
10, Milton Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 10, Milton Court, Romford is Chadwell Heath 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 10, Milton Court, Romford, 63.1% of property is privately rented and 15.3% 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 10, Milton Court, Romford, 26.1% of residents are recorded as possessing school level qualifications and 41.6% 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 10, Milton Court, Romford, the average age was 40.6 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 10, Milton Court, Romford, 1.7% 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 10, Milton Court, Romford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.