According to the public record, 8, Hamilton Road, Romford is a period leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 8, Hamilton Road, Romford, RM2.
Hamilton Road, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
8, Hamilton Road, Romford has 5 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Hamilton Road Romford as £252,740 and the rental value as £1,216 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Hamilton Road Romford has increased by £434 (0.2%) and its rental value has increased by £76 per month (6.3%).
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 8, Hamilton Road, Romford is in very good condition we estimate a sale value of £265,377 and rental value of £1,277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,048 and a rental value of £1,131 per month.
If you were able to purchase this property for the estimated value of £252,740, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,242 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, 8, Hamilton Road, Romford was last sold on 24 Jun 2022 for £260,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Hamilton Road, Romford within a radius of 510 metres over the last 2 years.
The most recent example is 224B, Brentwood Road, Romford, RM1 2RP, a Leasehold flat which sold for £215,000 in Jul 2018.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hamilton Road, Romford, RM2 has a total of 44 addresses. According to our analysis of all the public data, 8, Hamilton Road, Romford is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in RM2.
8, Hamilton Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2021.
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 8, Hamilton Road, Romford is Gidea Park station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Hamilton Road, Romford, 45.7% of property is privately owned with a mortgage and 38.0% 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 8, Hamilton Road, Romford, 18.2% of residents are recorded as possessing school level qualifications and 36.5% 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 8, Hamilton Road, Romford, the average age was 42.1 and the most common age was 52.
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 8, Hamilton Road, Romford, 0.9% 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 8, Hamilton Road, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.