According to the public record, 142, Millhaven Close, Romford is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Millhaven Close, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
142, Millhaven Close, Romford has 2 entries in the Land Registry database, most recently in January 2016 and a single entry in the EPC database dated March 2024.
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 142 Millhaven Close Romford as £220,002 and the rental value as £1,325 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 142 Millhaven Close Romford has increased by £948 (0.4%) and its rental value has increased by £68 per month (5.2%).
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 142, Millhaven Close, Romford is in very good condition we estimate a sale value of £231,002 and rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,602 and a rental value of £1,232 per month.
If you were able to purchase this property for the estimated value of £220,002, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,081 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, 142, Millhaven Close, Romford was last sold on 26 Jan 2016 for £208,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2016, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 142, Millhaven Close, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 88, Millhaven Close, Romford, RM6 4PN, a Leasehold flat which sold for £100,000 in Mar 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millhaven Close, Romford, RM6 has a total of 168 addresses. According to our analysis of all the public data, 142, Millhaven Close, Romford is the 68th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in RM6.
142, Millhaven Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 142, Millhaven Close, Romford is Goodmayes station which is 1.0 kilometres 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 142, Millhaven Close, Romford, 47.6% of property is privately rented and 26.6% 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 142, Millhaven Close, Romford, 24.7% of residents are recorded as possessing school level qualifications and 42.6% 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 142, Millhaven Close, 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 142, Millhaven Close, 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 142, Millhaven Close, Romford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.