According to the public record, 15, Maydeb Court, Romford is a mid-century apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Maydeb Court, Whalebone Lane South, Romford, RM6.
Whalebone Lane South, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
15, Maydeb Court, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2021.
We combine this information with public data 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 Maydeb Court Romford as £235,728 and the rental value as £1,415 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 15 Maydeb Court Romford has increased by £1,131 (0.5%) and its rental value has increased by £75 per month (5.3%).
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, Maydeb Court, Romford is in very good condition we estimate a sale value of £247,514 and rental value of £1,486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,227 and a rental value of £1,316 per month.
If you were able to purchase this property for the estimated value of £235,728, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,159 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, Maydeb Court, Romford was last sold on 16 Sep 2005 for £129,995 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Maydeb Court, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 5, Maydeb Court, Whalebone Lane South, Romford, RM6 6HR, a Leasehold flat which sold for £236,000 in Feb 2022.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whalebone Lane South, Romford, RM6 has a total of 44 addresses. According to our analysis of all the public data, 15, Maydeb Court, Romford is the 18th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in RM6.
15, Maydeb Court, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2021.
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, Maydeb Court, Romford is Chadwell Heath station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Maydeb Court, Romford, 52.3% of property is privately rented and 19.9% 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 15, Maydeb Court, Romford, 25.7% of residents are recorded as possessing school level qualifications and 39.7% 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, Maydeb Court, Romford, the average age was 35.3 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, Maydeb Court, Romford, 0.5% 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, Maydeb Court, 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.