According to the public record, 39, Millhaven Close, Romford is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Millhaven Close, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
39, Millhaven Close, Romford has 21 entries in the Land Registry database, most recently in December 2006 and a single entry in the EPC database dated August 2023.
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 39 Millhaven Close Romford as £200,692 and the rental value as £1,248 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 39 Millhaven Close Romford has increased by £865 (0.4%) and its rental value has increased by £64 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 39, Millhaven Close, Romford is in very good condition we estimate a sale value of £210,727 and rental value of £1,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,644 and a rental value of £1,161 per month.
If you were able to purchase this property for the estimated value of £200,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £986 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, 39, Millhaven Close, Romford was last sold on 15 Dec 2006 for £142,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Millhaven Close, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 39, Capstan Close, Romford, RM6 4PY, a Leasehold flat which sold for £182,500 in Oct 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millhaven Close, Romford, RM6 has a total of 168 addresses. According to our analysis of all the public data, 39, Millhaven Close, Romford is the 127th largest and the 146th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in RM6.
39, Millhaven Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 39, Millhaven Close, Romford is Chadwell Heath station which is 1.0 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 39, Millhaven Close, Romford, 33.0% of property is privately rented and 31.3% 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 39, Millhaven Close, Romford, 26.6% of residents are recorded as possessing school level qualifications and 34.8% 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 39, Millhaven Close, Romford, the average age was 40.6 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 39, Millhaven Close, 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 39, Millhaven Close, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.