According to the public record, 21, Regarth Avenue, Romford is a early-century leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 21, Regarth Avenue, Romford, RM1.
Regarth Avenue, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
21, Regarth Avenue, Romford has 2 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated January 2013.
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 21 Regarth Avenue Romford as £281,863 and the rental value as £1,699 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 21 Regarth Avenue Romford has decreased by £1,120 (0.4%) and its rental value has increased by £93 per month (5.5%).
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 21, Regarth Avenue, Romford is in very good condition we estimate a sale value of £295,956 and rental value of £1,784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,133 and a rental value of £1,580 per month.
If you were able to purchase this property for the estimated value of £281,863, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,385 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, 21, Regarth Avenue, Romford was last sold on 24 Oct 2014 for £185,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2014, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Regarth Avenue, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 74, Charrington Court, Atlanta Boulevard, Romford, RM1 1TF, a Leasehold flat which sold for £290,000 in Nov 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Regarth Avenue, Romford, RM1 has a total of 140 addresses. According to our analysis of all the public data, 21, Regarth Avenue, Romford is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in RM1.
21, Regarth Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2013.
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 21, Regarth Avenue, Romford is Romford station which is 0 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Regarth Avenue, Romford, 50.5% 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 21, Regarth Avenue, Romford, 20.7% of residents are recorded as possessing school level qualifications and 36.9% 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 21, Regarth Avenue, Romford, the average age was 37 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 21, Regarth Avenue, 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 21, Regarth Avenue, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.