According to the public record, 22, Rush Green Road, Romford is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Rush Green Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
22, Rush Green Road, Romford has 41 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated May 2012.
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 22 Rush Green Road Romford as £218,483 and the rental value as £1,208 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 22 Rush Green Road Romford has increased by £748 (0.3%) and its rental value has increased by £71 per month (5.9%).
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 22, Rush Green Road, Romford is in very good condition we estimate a sale value of £229,407 and rental value of £1,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,189 and a rental value of £1,123 per month.
If you were able to purchase this property for the estimated value of £218,483, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,074 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, 22, Rush Green Road, Romford was last sold on 20 Mar 2020 for £250,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2020, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Rush Green Road, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 47, Frazer Close, Romford, RM1 2DG, a Leasehold flat which sold for £240,000 in Aug 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rush Green Road, Romford, RM7 has a total of 465 addresses. According to our analysis of all the public data, 22, Rush Green Road, Romford is the 431st largest and the 397th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in RM7.
22, Rush Green Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2012.
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 22, Rush Green Road, Romford is Elm Park station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Rush Green Road, Romford, 35.0% of property is socially rented and 26.0% 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 22, Rush Green Road, Romford, 25.2% of residents are recorded as possessing school level qualifications and 33.7% 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 22, Rush Green Road, Romford, the average age was 35.1 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 22, Rush Green Road, 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 22, Rush Green Road, 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.