According to the public record, 9 Runcorn House, Romford is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Runcorn House, Kingsbridge Circus, Romford, RM3.
Kingsbridge Circus, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
9 Runcorn House, Romford has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated February 2015.
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 9 Runcorn House Romford as £177,380 and the rental value as £1,064 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 9 Runcorn House Romford has decreased by £1,273 (0.7%) and its rental value has increased by £55 per month (5.2%).
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 9 Runcorn House, Romford is in very good condition we estimate a sale value of £186,249 and rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,964 and a rental value of £989 per month.
If you were able to purchase this property for the estimated value of £177,380, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £872 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, 9 Runcorn House, Romford was last sold on 22 Mar 2024 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9 Runcorn House, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 1 Helmsley House, Leyburn Crescent, Romford, RM3 8RL, a Leasehold flat which sold for £180,000 in Jun 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kingsbridge Circus, Romford, RM3 has a total of 108 addresses. According to our analysis of all the public data, 9 Runcorn House, Romford is the 76th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in RM3.
9 Runcorn House, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2015.
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 9 Runcorn House, Romford is Harold Wood station which is 1.2 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 9 Runcorn House, Romford, 51.6% of property is socially rented and 22.6% 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 9 Runcorn House, Romford, 22.0% of residents are recorded as possessing school level qualifications and 20.6% 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 9 Runcorn House, 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 9 Runcorn House, Romford, 0.4% 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 9 Runcorn House, 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.