According to the public record, 3, College Court 3, Romford is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in College Court, Scholars Way, Romford, RM2.
Scholars Way, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
3, College Court 3, Romford has 21 entries in the Land Registry database, most recently in June 2020 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 College Court 3 Romford as £267,132 and the rental value as £1,499 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 3 College Court 3 Romford has decreased by £3,133 (1.2%) and its rental value has increased by £72 per month (4.8%).
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 3, College Court 3, Romford is in very good condition we estimate a sale value of £280,489 and rental value of £1,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,433 and a rental value of £1,394 per month.
If you were able to purchase this property for the estimated value of £267,132, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,313 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, 3, College Court 3, Romford was last sold on 05 Jun 2020 for £252,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2020, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, College Court 3, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 16, College Court 3, Scholars Way, Romford, RM2 5UQ, a Leasehold flat which sold for £265,500 in Dec 2021.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scholars Way, Romford, RM2 has a total of 33 addresses. According to our analysis of all the public data, 3, College Court 3, Romford is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in RM2.
3, College Court 3, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 3, College Court 3, Romford is Gidea Park station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, College Court 3, Romford, 41.2% of property is privately owned with a mortgage and 32.2% is privately 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 3, College Court 3, Romford, 17.4% of residents are recorded as possessing school level qualifications and 43.3% 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 3, College Court 3, Romford, the average age was 42.1 and the most common age was 52.
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 3, College Court 3, Romford, 0.4% 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 3, College Court 3, 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.