According to the public record, 51, Cunningham Close, Romford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 701 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cunningham Close, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
51, Cunningham Close, Romford has 31 entries in the Land Registry database, most recently in October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 51 Cunningham Close Romford as £163,845 and the rental value as £983 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 51 Cunningham Close Romford has increased by £1,371 (0.8%) and its rental value has increased by £56 per month (5.7%).
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 51, Cunningham Close, Romford is in very good condition we estimate a sale value of £172,037 and rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,375 and a rental value of £914 per month.
If you were able to purchase this property for the estimated value of £163,845, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £805 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, 51, Cunningham Close, Romford was last sold on 10 Oct 2008 for £135,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2008, the market for similar properties has risen 67.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Cunningham Close, Romford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 30, Rosewood Court, Chadwell Heath Lane, Romford, RM6 4YJ, a Leasehold flat which sold for £150,000 in Aug 2015.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cunningham Close, Romford, RM6 has a total of 52 addresses. According to our analysis of all the public data, 51, Cunningham Close, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in RM6.
The closest station to 51, Cunningham Close, Romford is Chadwell Heath station which is 1.2 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 51, Cunningham Close, Romford, 45.2% of property is privately owned outright and 36.3% 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 51, Cunningham Close, Romford, 27.1% of residents are recorded as possessing school level qualifications and 35.6% 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 51, Cunningham 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 51, Cunningham Close, Romford, 1.2% 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 51, Cunningham Close, 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.