According to the public record, 7, Bath Road, Romford is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Bath Road, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
7, Bath Road, Romford has 2 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated October 2023.
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 7 Bath Road Romford as £253,759 and the rental value as £1,411 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 7 Bath Road Romford has increased by £703 (0.3%) and its rental value has increased by £72 per month (5.1%).
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 7, Bath Road, Romford is in very good condition we estimate a sale value of £266,447 and rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,996 and a rental value of £1,312 per month.
If you were able to purchase this property for the estimated value of £253,759, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,247 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, 7, Bath Road, Romford was last sold on 31 Jan 2024 for £260,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bath Road, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 39, Eagle Avenue, Romford, RM6 6NJ, a Leasehold flat which sold for £315,000 in Mar 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bath Road, Romford, RM6 has a total of 28 addresses. According to our analysis of all the public data, 7, Bath Road, Romford is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in RM6.
7, Bath Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2023.
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 7, Bath Road, Romford is Chadwell Heath station which is 800 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 7, Bath Road, Romford, 43.6% of property is privately rented and 27.8% 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 7, Bath Road, Romford, 22.8% of residents are recorded as possessing school level qualifications and 35.9% 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 7, Bath Road, Romford, the average age was 35.3 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 7, Bath Road, Romford, 0.2% 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 7, Bath Road, 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.