According to the public record, 5, Craven Court, Romford is a mid-century leasehold apartment with 606 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Craven Court, Mill Lane, Romford, RM6.
Mill Lane, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
5, Craven Court, Romford has 21 entries in the Land Registry database, most recently in July 2008 and a single entry in the EPC database dated April 2010.
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 5 Craven Court Romford as £230,223 and the rental value as £1,367 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 5 Craven Court Romford has increased by £510 (0.2%) and its rental value has increased by £70 per month (5.1%).
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, Craven Court, Romford is in very good condition we estimate a sale value of £241,734 and rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,107 and a rental value of £1,271 per month.
If you were able to purchase this property for the estimated value of £230,223, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,131 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, Craven Court, Romford was last sold on 11 Jul 2008 for £148,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2008, the market for similar properties has risen 61.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Craven Court, Romford within a radius of 470 metres over the last 2 years.
The most recent example is 7, Bath Road, Romford, RM6 6NH, a Leasehold flat which sold for £260,000 in Jan 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Romford, RM6 has a total of 119 addresses. According to our analysis of all the public data, 5, Craven Court, Romford is the 91st largest and the 98th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in RM6.
5, Craven Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2010.
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 5, Craven Court, 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 5, Craven Court, Romford, 33.1% of property is privately owned with a mortgage and 26.6% 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 5, Craven Court, Romford, 21.4% of residents are recorded as possessing school level qualifications and 37.1% 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 5, Craven Court, Romford, the average age was 35.3 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, Craven Court, 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, Craven Court, 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.