According to the public record, 50, Sheringham Avenue, Romford is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sheringham Avenue, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
50, Sheringham Avenue, Romford has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated October 2014.
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 50 Sheringham Avenue Romford as £235,621 and the rental value as £1,395 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 50 Sheringham Avenue Romford has increased by £1,262 (0.5%) and its rental value has increased by £85 per month (6.1%).
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 50, Sheringham Avenue, Romford is in very good condition we estimate a sale value of £247,402 and rental value of £1,465 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,128 and a rental value of £1,297 per month.
If you were able to purchase this property for the estimated value of £235,621, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,158 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, 50, Sheringham Avenue, Romford was last sold on 28 Oct 2021 for £243,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Sheringham Avenue, Romford within a radius of 470 metres over the last 2 years.
The most recent example is 7, Knighton Close, Romford, RM7 9BT, a Leasehold flat which sold for £235,000 in Aug 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheringham Avenue, Romford, RM7 has a total of 73 addresses. According to our analysis of all the public data, 50, Sheringham Avenue, Romford is the 67th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in RM7.
50, Sheringham Avenue, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2014.
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 50, Sheringham Avenue, Romford is Romford station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Sheringham Avenue, Romford, 45.7% of property is privately owned with a mortgage and 27.1% 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 50, Sheringham Avenue, Romford, 22.2% of residents are recorded as possessing school level qualifications and 35.7% 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 50, Sheringham Avenue, Romford, the average age was 35.1 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 50, Sheringham Avenue, 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 50, Sheringham Avenue, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.