According to the public record, 16, Balgores Square, Romford is a early-century freehold house with 1,463 ft2 of internal area and sits on a 469 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Balgores Square, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
16, Balgores Square, Romford has 21 entries in the Land Registry database, most recently in May 2010 and a single entry in the EPC database dated January 2020.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Balgores Square Romford as £802,100 and the rental value as £3,107 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 16 Balgores Square Romford has decreased by £16,875 (2.1%) and its rental value has increased by £119 per month (3.8%).
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 16, Balgores Square, Romford is in very good condition we estimate a sale value of £842,205 and rental value of £3,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £745,953 and a rental value of £2,890 per month.
If you were able to purchase this property for the estimated value of £802,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,942 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 data from HM Land Registry, 16, Balgores Square, Romford sits on a plot of 469m2.
We have plot size data on 10 out of 15 other houses in the postcode and 16, Balgores Square, Romford sits on the 7th largest plot.
According to HM Land Registry, 16, Balgores Square, Romford was last sold on 14 May 2010 for £535,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2010, the market for similar properties has risen 61.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Balgores Square, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 11, Balgores Square, Romford, RM2 6AU, a Freehold house which sold for £750,000 in Nov 2020.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balgores Square, Romford, RM2 has a total of 21 addresses. According to our analysis of all the public data, 16, Balgores Square, Romford is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £286k more expensive than the average property in RM2.
16, Balgores Square, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2020.
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 16, Balgores Square, Romford is Gidea Park station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Balgores Square, Romford, 47.4% of property is privately owned with a mortgage and 34.1% is privately owned outright.
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 16, Balgores Square, Romford, 15.0% of residents are recorded as possessing school level qualifications and 39.2% 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 16, Balgores Square, Romford, the average age was 42.3 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 16, Balgores Square, Romford, 0.6% 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 16, Balgores Square, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.