According to the public record, 1014, High Road, Romford is a early-century leasehold apartment with 392 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
High Road, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
1014, High Road, Romford has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated December 2008.
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 1014 High Road Romford as £224,481 and the rental value as £1,187 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 1014 High Road Romford has increased by £1,714 (0.8%) and its rental value has increased by £66 per month (5.6%).
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 1014, High Road, Romford is in very good condition we estimate a sale value of £235,705 and rental value of £1,247 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,767 and a rental value of £1,104 per month.
If you were able to purchase this property for the estimated value of £224,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,103 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, 1014, High Road, Romford was last sold on 21 Sep 2023 for £92,781 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1014, High Road, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 10, Milton Court, Romford, RM6 4JP, a Leasehold flat which sold for £220,000 in Sep 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Romford, RM6 has a total of 566 addresses. According to our analysis of all the public data, 1014, High Road, Romford is the 542nd largest and the 321st most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in RM6.
1014, High Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Dec 2008.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 1014, High Road, Romford is Chadwell Heath station which is 300 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 1014, High Road, Romford, 66.9% of property is privately rented and 16.9% 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 1014, High Road, Romford, 20.4% of residents are recorded as possessing school level qualifications and 35.2% 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 1014, High Road, 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 1014, High Road, Romford, 1.1% 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 1014, High Road, Romford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.