According to the public record, 5, Balgores Crescent, Romford is a early-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 5, Balgores Crescent, Romford, RM2.
Balgores Crescent, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
5, Balgores Crescent, Romford has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated September 2022.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Balgores Crescent Romford as £184,034 and the rental value as £1,109 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 5 Balgores Crescent Romford has increased by £1,688 (0.9%) and its rental value has increased by £78 per month (7.0%).
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 5, Balgores Crescent, Romford is in very good condition we estimate a sale value of £193,235 and rental value of £1,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,151 and a rental value of £1,031 per month.
If you were able to purchase this property for the estimated value of £184,034, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £904 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, 5, Balgores Crescent, Romford was last sold on 10 Jun 2010 for £149,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 57.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Balgores Crescent, Romford within a radius of 680 metres over the last 2 years.
The most recent example is 5A, Balgores Crescent, Romford, RM2 6AB, a Leasehold flat which sold for £174,000 in Mar 2023.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balgores Crescent, Romford, RM2 has a total of 20 addresses. According to our analysis of all the public data, 5, Balgores Crescent, Romford is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £332k less expensive than the average property in RM2.
5, Balgores Crescent, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 5, Balgores Crescent, Romford is Gidea Park station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Balgores Crescent, Romford, 50.4% of property is privately owned outright and 26.0% 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 5, Balgores Crescent, Romford, 14.8% of residents are recorded as possessing school level qualifications and 34.4% 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 5, Balgores Crescent, Romford, the average age was 42.3 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 5, Balgores 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 5, Balgores 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.