According to the public record, 28, Cornflower Way, Romford is a modern leasehold apartment with 559 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.
28, Cornflower Way, Romford has 31 entries in the Land Registry database, most recently in October 2006 and a single entry in the EPC database dated January 2014.
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 28 Cornflower Way Romford as £271,151 and the rental value as £1,310 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 28 Cornflower Way Romford has decreased by £2,127 (0.8%) and its rental value has increased by £68 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 28, Cornflower Way, Romford is in very good condition we estimate a sale value of £284,708 and rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,170 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £271,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,333 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, 28, Cornflower Way, Romford was last sold on 31 Oct 2006 for £141,995 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Cornflower Way, Romford within a radius of 530 metres over the last 2 years.
The most recent example is Flat 35, Blackthorn House 55, St. Clements Avenue, Romford, RM3 0JE, a Leasehold flat which sold for £270,000 in Feb 2024.
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, 28, Cornflower Way, Romford is the 17th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in RM3.
28, Cornflower Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using room heaters.
The closest station to 28, 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 28, 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 28, 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 28, 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 28, 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 28, 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.