According to the public record, 6, Wilmslow House, Romford is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wilmslow House, Chudleigh Road, Romford, RM3.
Chudleigh Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
6, Wilmslow House, Romford has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated March 2018.
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 6 Wilmslow House Romford as £211,587 and the rental value as £1,287 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 6 Wilmslow House Romford has decreased by £1,514 (0.7%) and its rental value has increased by £67 per month (5.2%).
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, Wilmslow House, Romford is in very good condition we estimate a sale value of £222,167 and rental value of £1,351 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,776 and a rental value of £1,197 per month.
If you were able to purchase this property for the estimated value of £211,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,040 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, Wilmslow House, Romford was last sold on 06 Jul 2012 for £105,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 86.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Wilmslow House, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 181, Whitchurch Road, Romford, RM3 9AA, a Leasehold flat which sold for £225,000 in Jun 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chudleigh Road, Romford, RM3 has a total of 71 addresses. According to our analysis of all the public data, 6, Wilmslow House, Romford is the 50th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in RM3.
6, Wilmslow House, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 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, Wilmslow House, Romford is Harold Wood station which is 2.0 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 6, Wilmslow House, Romford, 64.3% of property is socially rented and 20.5% 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, Wilmslow House, Romford, 32.1% of residents are recorded as possessing school level qualifications and 26.0% 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, Wilmslow House, Romford, the average age was 38.4 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, Wilmslow House, Romford, 0.3% 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, Wilmslow House, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.