According to the public record, 3, Whitelands Way, Romford is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Whitelands Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
3, Whitelands Way, Romford has a single entry in the Land Registry database from October 2007 and a single entry in the EPC database dated April 2017.
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 3 Whitelands Way Romford as £213,150 and the rental value as £1,165 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 Whitelands Way Romford has decreased by £1,379 (0.6%) and its rental value has increased by £62 per month (5.3%).
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, Whitelands Way, Romford is in very good condition we estimate a sale value of £223,808 and rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,230 and a rental value of £1,084 per month.
If you were able to purchase this property for the estimated value of £213,150, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,048 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, Whitelands Way, Romford was last sold on 17 Oct 2007 for £151,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 57.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Whitelands Way, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 11, Whitelands Way, Romford, RM3 0XZ, a Leasehold flat which sold for £220,000 in Sep 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whitelands Way, Romford, RM3 has a total of 8 addresses. According to our analysis of all the public data, 3, Whitelands Way, Romford is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in RM3.
3, Whitelands Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Apr 2017.
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 3, Whitelands Way, Romford is Harold Wood station which is 900 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, Whitelands Way, Romford, 37.6% of property is privately owned with a mortgage and 29.3% is privately owned outright.
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, Whitelands Way, Romford, 14.5% of residents are recorded as possessing school level qualifications and 31.7% 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, Whitelands 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 3, Whitelands Way, Romford, 0.7% 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, Whitelands 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.