According to the public record, 72, Veronica Close, Romford is a mid-century apartment with 517 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Veronica Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
72, Veronica Close, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2008.
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 72 Veronica Close Romford as £178,599 and the rental value as £1,095 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 72 Veronica Close Romford has decreased by £1,211 (0.7%) and its rental value has increased by £58 per month (5.3%).
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 72, Veronica Close, Romford is in very good condition we estimate a sale value of £187,529 and rental value of £1,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,097 and a rental value of £1,019 per month.
If you were able to purchase this property for the estimated value of £178,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £878 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, 72, Veronica Close, Romford was last sold on 05 Nov 2004 for £88,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Veronica Close, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 76, Veronica Close, Romford, RM3 8JW, a Leasehold flat which sold for £180,000 in Feb 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veronica Close, Romford, RM3 has a total of 95 addresses. According to our analysis of all the public data, 72, Veronica Close, Romford is the 73rd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in RM3.
72, Veronica Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 72, Veronica Close, Romford is Harold Wood station which is 1.6 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 72, Veronica Close, Romford, 66.0% of property is socially rented and 16.3% 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 72, Veronica Close, Romford, 16.0% of residents are recorded as possessing school level qualifications and 19.5% 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 72, Veronica Close, Romford, the average age was 33.9 and the most common age was 7.
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 72, Veronica Close, 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 72, Veronica Close, Romford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.