According to the public record, 1A, Balgores Square, Romford is a early-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 1, Balgores Square, Romford, RM2.
Balgores Square, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
1A, Balgores Square, Romford has 31 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated June 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1A Balgores Square Romford as £266,385 and the rental value as £1,596 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 1A Balgores Square Romford has increased by £2,443 (0.9%) and its rental value has increased by £112 per month (7.0%).
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 1A, Balgores Square, Romford is in very good condition we estimate a sale value of £279,705 and rental value of £1,676 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,738 and a rental value of £1,485 per month.
If you were able to purchase this property for the estimated value of £266,385, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,309 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, 1A, Balgores Square, Romford was last sold on 26 Apr 2007 for £155,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2007, the market for similar properties has risen 52.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Balgores Square, Romford within a radius of 540 metres over the last 2 years.
The most recent example is 10, Geddy Court, Romford, RM2 6BE, a Leasehold flat which sold for £320,000 in Sep 2023.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balgores Square, Romford, RM2 has a total of 21 addresses. According to our analysis of all the public data, 1A, Balgores Square, Romford is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in RM2.
1A, Balgores Square, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 1A, Balgores Square, Romford is Gidea Park station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1A, Balgores Square, Romford, 47.4% of property is privately owned with a mortgage and 34.1% 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 1A, Balgores Square, Romford, 15.0% of residents are recorded as possessing school level qualifications and 39.2% 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 1A, Balgores Square, Romford, the average age was 42.3 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 1A, Balgores Square, Romford, 0.6% 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 1A, Balgores Square, Romford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.