7 Mawney Court, Romford has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 Mawney Court, Romford is in very good condition we estimate a sale value of £226,919 and rental value of £1,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,986 and a rental value of £1,214 per month.
If you were able to purchase this property for the estimated value of £216,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,062 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 Mawney Court, Romford was last sold on 04 Feb 2022 for £218,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Mawney Court, Romford within a radius of 540 metres over the last 2 years.
The most recent example is 224A, North Street, Romford, RM1 4QD, a Leasehold flat which sold for £171,305 in Feb 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Havering Road, Romford, RM1 has a total of 433 addresses. According to our analysis of all the public data, 7 Mawney Court, Romford is the 388th largest and the 412th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in RM1.
7 Mawney Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the public record, 7 Mawney Court, Romford is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mawney Court, Havering Road, Romford, RM1.
Havering Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Mawney Court Romford as £216,113 and the rental value as £1,306 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 7 Mawney Court Romford has decreased by £1,518 (0.7%) and its rental value has increased by £72 per month (5.5%).
The closest station to 7 Mawney Court, Romford is Romford station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 Mawney Court, Romford, 42.2% of property is privately owned with a mortgage and 25.6% 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 7 Mawney Court, Romford, 19.9% of residents are recorded as possessing school level qualifications and 25.5% 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 Mawney Court, Romford, the average age was 40.2 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 7 Mawney Court, 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 7 Mawney Court, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.