According to the public record, 114, Braithwaite Avenue, Romford is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Braithwaite Avenue, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
114, Braithwaite Avenue, Romford has 31 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated July 2020.
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 114 Braithwaite Avenue Romford as £204,770 and the rental value as £1,234 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 114 Braithwaite Avenue Romford has increased by £320 (0.2%) and its rental value has increased by £70 per month (5.7%).
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 114, Braithwaite Avenue, Romford is in very good condition we estimate a sale value of £215,008 and rental value of £1,296 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,436 and a rental value of £1,148 per month.
If you were able to purchase this property for the estimated value of £204,770, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,006 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, 114, Braithwaite Avenue, Romford was last sold on 15 Jul 2022 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114, Braithwaite Avenue, Romford within a radius of 620 metres over the last 2 years.
The most recent example is 80, Braithwaite Avenue, Romford, RM7 0DS, a Leasehold flat which sold for £189,000 in Nov 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Braithwaite Avenue, Romford, RM7 has a total of 82 addresses. According to our analysis of all the public data, 114, Braithwaite Avenue, Romford is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in RM7.
114, Braithwaite Avenue, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 114, Braithwaite Avenue, Romford is Chadwell Heath station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 114, Braithwaite Avenue, Romford, 36.8% of property is privately rented and 35.4% 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 114, Braithwaite Avenue, Romford, 20.6% of residents are recorded as possessing school level qualifications and 29.8% 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 114, Braithwaite Avenue, Romford, the average age was 35.1 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 114, Braithwaite Avenue, Romford, 0.0% 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 114, Braithwaite Avenue, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.