According to the public record, 35, Erith Crescent, Romford is a early-century leasehold apartment with 470 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 35, Erith Crescent, Romford, RM5.
Erith Crescent, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
35, Erith Crescent, Romford has 31 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated October 2009.
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 35 Erith Crescent Romford as £269,941 and the rental value as £1,247 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 35 Erith Crescent Romford has decreased by £2,976 (1.1%) and its rental value has increased by £75 per month (6.0%).
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 35, Erith Crescent, Romford is in very good condition we estimate a sale value of £283,438 and rental value of £1,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,045 and a rental value of £1,160 per month.
If you were able to purchase this property for the estimated value of £269,941, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,327 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, 35, Erith Crescent, Romford was last sold on 23 May 2019 for £248,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2019, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Erith Crescent, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 268, Collier Row Lane, Romford, RM5 3NJ, a Leasehold flat which sold for £284,000 in Nov 2023.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erith Crescent, Romford, RM5 has a total of 77 addresses. According to our analysis of all the public data, 35, Erith Crescent, Romford is the 42nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in RM5.
35, Erith Crescent, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2009.
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 35, Erith Crescent, Romford is Romford station which is 2.9 kilometres 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 35, Erith Crescent, Romford, 31.7% of property is privately owned outright and 28.3% 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 35, Erith Crescent, Romford, 18.2% of residents are recorded as possessing school level qualifications and 23.9% 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 35, Erith Crescent, Romford, the average age was 40.2 and the most common age was 42.
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 35, Erith Crescent, Romford, 0.0% 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 35, Erith Crescent, 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.