According to the public record, 125, Collier Row Road, Romford is a mid-century leasehold apartment with 529 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 125, Collier Row Road, Romford, RM5.
Collier Row Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
125, Collier Row Road, Romford has 51 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated July 2011.
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 125 Collier Row Road Romford as £168,524 and the rental value as £1,033 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 125 Collier Row Road Romford has decreased by £1,899 (1.1%) and its rental value has increased by £61 per month (5.9%).
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 125, Collier Row Road, Romford is in very good condition we estimate a sale value of £176,950 and rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,727 and a rental value of £960 per month.
If you were able to purchase this property for the estimated value of £168,524, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £828 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, 125, Collier Row Road, Romford was last sold on 23 Feb 2018 for £160,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2018, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 125, Collier Row Road, Romford within a radius of 550 metres over the last 2 years.
The most recent example is Apartment 1, Tythe Court 141, White Hart Lane, Romford, RM7 8LZ, a Leasehold flat which sold for £188,000 in May 2022.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Collier Row Road, Romford, RM5 has a total of 199 addresses. According to our analysis of all the public data, 125, Collier Row Road, Romford is the 177th largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in RM5.
125, Collier Row Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2011.
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 125, Collier Row Road, Romford is Romford station which is 3.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 125, Collier Row Road, Romford, 34.2% of property is privately owned outright and 29.0% 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 125, Collier Row Road, Romford, 23.8% of residents are recorded as possessing school level qualifications and 22.4% 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 125, Collier Row Road, Romford, the average age was 38.3 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 125, Collier Row Road, 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 125, Collier Row Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.