According to the public record, 3, Tudor Mews, Romford is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Tudor Mews, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
3, Tudor Mews, Romford has 51 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated May 2021.
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 Tudor Mews Romford as £218,979 and the rental value as £1,213 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 Tudor Mews Romford has decreased by £1,303 (0.6%) and its rental value has increased by £66 per month (5.4%).
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, Tudor Mews, Romford is in very good condition we estimate a sale value of £229,928 and rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,651 and a rental value of £1,128 per month.
If you were able to purchase this property for the estimated value of £218,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,076 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, Tudor Mews, Romford was last sold on 02 Feb 2022 for £215,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Tudor Mews, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 2, Buckingham Court, Carlisle Road, Romford, RM1 2QZ, a Leasehold flat which sold for £275,500 in Jun 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tudor Mews, Romford, RM1 has a total of 12 addresses. According to our analysis of all the public data, 3, Tudor Mews, Romford is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in RM1.
3, Tudor Mews, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 3, Tudor Mews, Romford is Romford station which is 400 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 3, Tudor Mews, Romford, 56.0% of property is privately rented and 19.3% 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 3, Tudor Mews, Romford, 19.1% of residents are recorded as possessing school level qualifications and 36.1% 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, Tudor Mews, Romford, the average age was 37 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 3, Tudor Mews, Romford, 0.2% 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, Tudor Mews, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.