According to the public record, 27, Highfield Link, Romford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 728 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Highfield Link, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
27, Highfield Link, Romford has a single entry in the Land Registry database from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 27 Highfield Link Romford as £241,418 and the rental value as £1,448 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 27 Highfield Link Romford has decreased by £2,839 (1.2%) and its rental value has increased by £85 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 27, Highfield Link, Romford is in very good condition we estimate a sale value of £253,488 and rental value of £1,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,518 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £241,418, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,186 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, 27, Highfield Link, Romford was last sold on 15 Apr 2008 for £147,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has risen 59.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Highfield Link, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 171, Hillrise Road, Romford, RM5 3BW, a Leasehold flat which sold for £244,500 in Nov 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highfield Link, Romford, RM5 has a total of 33 addresses. According to our analysis of all the public data, 27, Highfield Link, Romford is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in RM5.
The closest station to 27, Highfield Link, Romford is Gidea Park station which is 3.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Highfield Link, Romford, 43.4% of property is socially rented and 30.2% 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 27, Highfield Link, Romford, 28.5% of residents are recorded as possessing school level qualifications and 29.5% 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 27, Highfield Link, Romford, the average age was 38.8 and the most common age was 37.
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 27, Highfield Link, 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 27, Highfield Link, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.