According to the public record, 24, Cornflower Way, Romford is a modern apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cornflower Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
24, Cornflower Way, Romford has no records in the Land Registry database and a single entry in the EPC database dated January 2024.
We combine this information with public data 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 24 Cornflower Way Romford as £259,880 and the rental value as £1,260 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 24 Cornflower Way Romford has decreased by £2,039 (0.8%) and its rental value has increased by £65 per month (5.2%).
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 24, Cornflower Way, Romford is in very good condition we estimate a sale value of £272,874 and rental value of £1,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,689 and a rental value of £1,172 per month.
If you were able to purchase this property for the estimated value of £259,880, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,277 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Cornflower Way, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 56, Copperfields Way, Romford, RM3 0XE, a Leasehold flat which sold for £245,000 in Dec 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornflower Way, Romford, RM3 has a total of 37 addresses. According to our analysis of all the public data, 24, Cornflower Way, Romford is the 22nd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in RM3.
24, Cornflower Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2024.
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 24, Cornflower Way, Romford is Harold Wood station which is 700 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 24, Cornflower Way, Romford, 50.4% of property is privately owned outright and 35.4% 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 24, Cornflower Way, Romford, 12.2% of residents are recorded as possessing school level qualifications and 37.0% 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 24, Cornflower Way, Romford, the average age was 40.7 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 24, Cornflower Way, Romford, 1.3% 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 24, Cornflower Way, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.