23, Millhaven Close, Romford has 21 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 23, Millhaven Close, Romford is in very good condition we estimate a sale value of £204,337 and rental value of £1,234 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,985 and a rental value of £1,093 per month.
If you were able to purchase this property for the estimated value of £194,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £956 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, 23, Millhaven Close, Romford was last sold on 24 Feb 2014 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2014, the market for similar properties has risen 52.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Millhaven Close, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 73, Millhaven Close, Romford, RM6 4PL, a Leasehold flat which sold for £211,000 in Jul 2022.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millhaven Close, Romford, RM6 has a total of 168 addresses. According to our analysis of all the public data, 23, Millhaven Close, Romford is the 132nd largest and the 154th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in RM6.
23, Millhaven Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the public record, 23, Millhaven Close, Romford is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Millhaven Close, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Millhaven Close Romford as £194,607 and the rental value as £1,176 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 23 Millhaven Close Romford has increased by £1,727 (0.9%) and its rental value has increased by £66 per month (5.6%).
The closest station to 23, Millhaven Close, Romford is Chadwell Heath station which is 1.0 kilometres 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 23, Millhaven Close, Romford, 33.0% of property is privately rented and 31.3% is socially 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 23, Millhaven Close, Romford, 26.6% of residents are recorded as possessing school level qualifications and 34.8% 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 23, Millhaven Close, Romford, the average age was 40.6 and the most common age was 42.
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 23, Millhaven Close, 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 23, Millhaven Close, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.