According to the public record, 100, Chelmsford Avenue, Romford is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chelmsford Avenue, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
100, Chelmsford Avenue, Romford has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated April 2017.
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 100 Chelmsford Avenue Romford as £277,687 and the rental value as £1,532 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 100 Chelmsford Avenue Romford has decreased by £2,942 (1.1%) and its rental value has increased by £92 per month (6.0%).
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 100, Chelmsford Avenue, Romford is in very good condition we estimate a sale value of £291,571 and rental value of £1,609 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,249 and a rental value of £1,425 per month.
If you were able to purchase this property for the estimated value of £277,687, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,365 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, 100, Chelmsford Avenue, Romford was last sold on 17 Jun 2021 for £264,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 100, Chelmsford Avenue, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 117, Chelmsford Avenue, Romford, RM5 3XB, a Leasehold flat which sold for £320,000 in Apr 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelmsford Avenue, Romford, RM5 has a total of 165 addresses. According to our analysis of all the public data, 100, Chelmsford Avenue, Romford is the 60th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in RM5.
100, Chelmsford Avenue, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 100, Chelmsford Avenue, Romford is Gidea Park station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 100, Chelmsford Avenue, Romford, 33.3% of property is socially rented and 27.4% is privately owned outright.
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 100, Chelmsford Avenue, Romford, 19.5% of residents are recorded as possessing school level qualifications and 17.9% 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 100, Chelmsford Avenue, 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 100, Chelmsford Avenue, Romford, 0.7% 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 100, Chelmsford Avenue, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.