According to the public record, 6 Kingsmead Mansions, Romford is a early-century apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Kingsmead Mansions, Kingsmead Avenue, Romford, RM1.
Kingsmead Avenue, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
6 Kingsmead Mansions, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2018.
We combine this information with public data 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 6 Kingsmead Mansions Romford as £149,535 and the rental value as £898 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 6 Kingsmead Mansions Romford has decreased by £691 (0.5%) and its rental value has increased by £49 per month (5.4%).
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 6 Kingsmead Mansions, Romford is in very good condition we estimate a sale value of £157,012 and rental value of £943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,068 and a rental value of £835 per month.
If you were able to purchase this property for the estimated value of £149,535, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £735 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, 6 Kingsmead Mansions, Romford was last sold on 09 Jul 1999 for £41,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Kingsmead Mansions, Romford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 12, Gibson Court, Regarth Avenue, Romford, RM1 1AJ, a Leasehold flat which sold for £137,500 in Jun 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kingsmead Avenue, Romford, RM1 has a total of 51 addresses. According to our analysis of all the public data, 6 Kingsmead Mansions, Romford is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in RM1.
6 Kingsmead Mansions, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2018.
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 6 Kingsmead Mansions, Romford is Romford station which is 0 metres 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 6 Kingsmead Mansions, Romford, 50.5% of property is privately rented and 19.9% 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 6 Kingsmead Mansions, Romford, 20.7% of residents are recorded as possessing school level qualifications and 36.9% 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 6 Kingsmead Mansions, Romford, the average age was 37 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 6 Kingsmead Mansions, Romford, 1.1% 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 6 Kingsmead Mansions, Romford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.