According to the public record, 18, Jacobs Avenue, Romford is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Jacobs Avenue, Harold Wood, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
18, Jacobs Avenue, Romford has 31 entries in the Land Registry database, most recently in June 2006 and a single entry in the EPC database dated December 2014.
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 18 Jacobs Avenue Romford as £241,238 and the rental value as £1,117 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 18 Jacobs Avenue Romford has decreased by £1,065 (0.4%) and its rental value has increased by £62 per month (5.6%).
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 18, Jacobs Avenue, Romford is in very good condition we estimate a sale value of £253,300 and rental value of £1,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,351 and a rental value of £1,039 per month.
If you were able to purchase this property for the estimated value of £241,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,186 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, 18, Jacobs Avenue, Romford was last sold on 21 Jun 2006 for £136,000 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 18, Jacobs Avenue, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 20, Jacobs Avenue, Romford, RM3 0WR, a Leasehold flat which sold for £255,000 in Feb 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jacobs Avenue, Harold Wood, Romford, RM3 has a total of 19 addresses. According to our analysis of all the public data, 18, Jacobs Avenue, Romford is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in RM3.
18, Jacobs Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 18, Jacobs Avenue, Romford is Harold Wood station which is 800 metres 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 18, Jacobs Avenue, Romford, 31.8% of property is socially rented and 27.8% 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 18, Jacobs Avenue, Romford, 20.5% of residents are recorded as possessing school level qualifications and 27.5% 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 18, Jacobs Avenue, Romford, the average age was 39.5 and the most common age was 37.
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 18, Jacobs Avenue, 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 18, Jacobs Avenue, 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.