According to the public record, 68, Oldchurch Gardens, Romford is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Oldchurch Gardens, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
68, Oldchurch Gardens, Romford has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated July 2019.
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 68 Oldchurch Gardens Romford as £190,931 and the rental value as £1,160 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 68 Oldchurch Gardens Romford has increased by £71 (0.0%) and its rental value has increased by £65 per month (5.6%).
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 68, Oldchurch Gardens, Romford is in very good condition we estimate a sale value of £200,478 and rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,566 and a rental value of £1,079 per month.
If you were able to purchase this property for the estimated value of £190,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £938 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, 68, Oldchurch Gardens, Romford was last sold on 22 Jan 2016 for £147,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68, Oldchurch Gardens, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 84, Oldchurch Gardens, Romford, RM7 0DJ, a Leasehold flat which sold for £204,000 in Mar 2017.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oldchurch Gardens, Romford, RM7 has a total of 84 addresses. According to our analysis of all the public data, 68, Oldchurch Gardens, Romford is the 18th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in RM7.
68, Oldchurch Gardens, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2019.
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 68, Oldchurch Gardens, Romford is Romford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 68, Oldchurch Gardens, Romford, 66.7% of property is socially rented and 13.5% 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 68, Oldchurch Gardens, Romford, 29.8% of residents are recorded as possessing school level qualifications and 20.7% 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 68, Oldchurch Gardens, 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 68, Oldchurch Gardens, 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 68, Oldchurch Gardens, 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.