According to the public record, 14, Royle Close, Romford is a mid-century leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Royle Close, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
14, Royle Close, Romford has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Royle Close Romford as £198,529 and the rental value as £1,133 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 14 Royle Close Romford has increased by £55 (0.0%) and its rental value has increased by £69 per month (6.1%).
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 14, Royle Close, Romford is in very good condition we estimate a sale value of £208,456 and rental value of £1,190 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,632 and a rental value of £1,054 per month.
If you were able to purchase this property for the estimated value of £198,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £976 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, 14, Royle Close, Romford was last sold on 12 Jul 2021 for £192,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Royle Close, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 5, Marwell Close, Romford, RM1 2TE, a Leasehold flat which sold for £190,000 in Mar 2023.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royle Close, Romford, RM2 has a total of 36 addresses. According to our analysis of all the public data, 14, Royle Close, Romford is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £317k less expensive than the average property in RM2.
14, Royle Close, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Nov 2016.
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 14, Royle Close, Romford is Gidea Park station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Royle Close, Romford, 41.2% of property is privately owned with a mortgage and 32.2% is privately 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 14, Royle Close, Romford, 17.4% of residents are recorded as possessing school level qualifications and 43.3% 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 14, Royle Close, Romford, the average age was 42.1 and the most common age was 52.
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 14, Royle Close, Romford, 0.4% 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 14, Royle Close, 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.