According to the public record, 85, Eastern Road, Romford is a early-century leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 85, Eastern Road, Romford, RM1.
Eastern Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
85, Eastern Road, Romford has a single entry in the Land Registry database from May 2017 and a single entry in the EPC database dated March 2023.
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 85 Eastern Road Romford as £265,836 and the rental value as £1,606 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 85 Eastern Road Romford has decreased by £189 (0.1%) and its rental value has increased by £96 per month (6.0%).
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 85, Eastern Road, Romford is in very good condition we estimate a sale value of £279,128 and rental value of £1,687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,227 and a rental value of £1,494 per month.
If you were able to purchase this property for the estimated value of £265,836, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,307 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, 85, Eastern Road, Romford was last sold on 12 May 2017 for £272,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Eastern Road, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 17, York House 50, Western Road, Romford, RM1 3LP, a Leasehold flat which sold for £280,000 in Mar 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Road, Romford, RM1 has a total of 223 addresses. According to our analysis of all the public data, 85, Eastern Road, Romford is the 28th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in RM1.
85, Eastern Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 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 85, Eastern Road, Romford is Romford station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 85, Eastern Road, Romford, 56.0% of property is privately rented and 19.3% 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 85, Eastern Road, Romford, 19.1% of residents are recorded as possessing school level qualifications and 36.1% 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 85, Eastern Road, Romford, the average age was 37 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 85, Eastern 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 85, Eastern Road, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.