According to the public record, 15, Lupin Close, Romford is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lupin Close, Rush Green, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
15, Lupin Close, Romford has 51 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated April 2017.
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 15 Lupin Close Romford as £253,458 and the rental value as £1,304 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 15 Lupin Close Romford has increased by £713 (0.3%) and its rental value has increased by £78 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 15, Lupin Close, Romford is in very good condition we estimate a sale value of £266,131 and rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,716 and a rental value of £1,213 per month.
If you were able to purchase this property for the estimated value of £253,458, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,246 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, 15, Lupin Close, Romford was last sold on 16 May 2022 for £248,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Lupin Close, Romford within a radius of 600 metres over the last 2 years.
The most recent example is 7, Lupin Close, Romford, RM7 0WY, a Leasehold flat which sold for £236,000 in Jun 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lupin Close, Rush Green, Romford, RM7 has a total of 31 addresses. According to our analysis of all the public data, 15, Lupin Close, Romford is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in RM7.
15, Lupin Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2017.
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 15, Lupin Close, Romford is Elm Park station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Lupin Close, Romford, 41.9% of property is privately owned with a mortgage and 28.7% 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 15, Lupin Close, Romford, 26.4% of residents are recorded as possessing school level qualifications and 35.3% 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 15, Lupin Close, Romford, the average age was 38.7 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 15, Lupin 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 15, Lupin 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.