According to the public record, 83, Burns Avenue, Romford is a mid-century leasehold apartment with 400 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Burns Avenue, Chadwell Heath, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
83, Burns Avenue, Romford has 2 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated June 2011.
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 83 Burns Avenue Romford as £209,634 and the rental value as £1,129 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 83 Burns Avenue Romford has increased by £1,541 (0.7%) and its rental value has increased by £62 per month (5.5%).
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 83, Burns Avenue, Romford is in very good condition we estimate a sale value of £220,115 and rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,959 and a rental value of £1,050 per month.
If you were able to purchase this property for the estimated value of £209,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,030 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, 83, Burns Avenue, Romford was last sold on 25 Mar 2019 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83, Burns Avenue, Romford within a radius of 420 metres over the last 2 years.
The most recent example is 10, Milton Court, Romford, RM6 4JP, a Leasehold flat which sold for £220,000 in Sep 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burns Avenue, Chadwell Heath, Romford, RM6 has a total of 140 addresses. According to our analysis of all the public data, 83, Burns Avenue, Romford is the 113th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in RM6.
83, Burns Avenue, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2011.
The property is not connected to mains gas and has full secondary glazing. It is heated using electric storage heaters.
The closest station to 83, Burns Avenue, Romford is Chadwell Heath station which is 400 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 83, Burns Avenue, Romford, 63.1% of property is privately rented and 15.3% is socially rented.
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 83, Burns Avenue, Romford, 26.1% of residents are recorded as possessing school level qualifications and 41.6% 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 83, Burns Avenue, Romford, the average age was 40.6 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 83, Burns Avenue, Romford, 1.7% 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 83, Burns Avenue, Romford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.