According to the public record, 10C, The Pinnacle 156-162, Romford is a modern leasehold apartment with 578 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Pinnacle, High Road, Chadwell Heath, Romford, RM6.
High Road, Chadwell Heath, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
10C, The Pinnacle 156-162, Romford has a single entry in the Land Registry database from March 2018 and a single entry in the EPC database dated September 2009.
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 10C The Pinnacle 156-162 Romford as £233,267 and the rental value as £1,378 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 10C The Pinnacle 156-162 Romford has decreased by £4,107 (1.8%) and its rental value has increased by £41 per month (3.0%).
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 10C, The Pinnacle 156-162, Romford is in very good condition we estimate a sale value of £244,931 and rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,939 and a rental value of £1,282 per month.
If you were able to purchase this property for the estimated value of £233,267, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,146 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, 10C, The Pinnacle 156-162, Romford was last sold on 29 Mar 2018 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2018, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10C, The Pinnacle 156-162, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 7C, The Pinnacle 156-162, High Road, Romford, RM6 6PN, a Leasehold flat which sold for £255,000 in Feb 2020.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Chadwell Heath, Romford, RM6 has a total of 176 addresses. According to our analysis of all the public data, 10C, The Pinnacle 156-162, Romford is the 114th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in RM6.
10C, The Pinnacle 156-162, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 10C, The Pinnacle 156-162, Romford is Chadwell Heath station which is 700 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 10C, The Pinnacle 156-162, Romford, 39.2% of property is privately rented and 34.3% 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 10C, The Pinnacle 156-162, Romford, 21.2% of residents are recorded as possessing school level qualifications and 37.3% 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 10C, The Pinnacle 156-162, Romford, the average age was 35.3 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 10C, The Pinnacle 156-162, Romford, 0.8% 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 10C, The Pinnacle 156-162, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.