According to the public record, 20 Hutchinson Court, Romford is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Hutchinson Court, Padnall Road, Romford, RM6.
Padnall Road, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
20 Hutchinson Court, Romford has a single entry in the Land Registry database from December 2023 and a single entry in the EPC database dated October 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 20 Hutchinson Court Romford as £245,079 and the rental value as £1,432 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 20 Hutchinson Court Romford has decreased by £4,590 (1.9%) and its rental value has increased by £41 per month (2.9%).
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 20 Hutchinson Court, Romford is in very good condition we estimate a sale value of £257,333 and rental value of £1,504 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,923 and a rental value of £1,332 per month.
If you were able to purchase this property for the estimated value of £245,079, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,204 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, 20 Hutchinson Court, Romford was last sold on 20 Dec 2023 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20 Hutchinson Court, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 22 Hutchinson Court, Padnall Road, Romford, RM6 5ET, a Leasehold flat which sold for £280,500 in Jan 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Padnall Road, Romford, RM6 has a total of 289 addresses. According to our analysis of all the public data, 20 Hutchinson Court, Romford is the 185th largest and the 167th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in RM6.
20 Hutchinson Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2014.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to 20 Hutchinson Court, Romford is Chadwell Heath station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 20 Hutchinson Court, Romford, 45.1% of property is privately owned with a mortgage and 19.5% 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 20 Hutchinson Court, Romford, 30.3% of residents are recorded as possessing school level qualifications and 35.6% 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 20 Hutchinson Court, Romford, the average age was 34.1 and the most common age was 12.
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 20 Hutchinson Court, Romford, 1.1% 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 20 Hutchinson Court, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.