According to the public record, 125A, Collier Row Road, Romford is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 125, Collier Row Road, Romford, RM5.
Collier Row Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
125A, Collier Row Road, Romford has 31 entries in the Land Registry database, most recently in July 2010 and a single entry in the EPC database dated May 2022.
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 125A Collier Row Road Romford as £182,639 and the rental value as £1,110 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 125A Collier Row Road Romford has decreased by £2,058 (1.1%) and its rental value has increased by £65 per month (5.9%).
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 125A, Collier Row Road, Romford is in very good condition we estimate a sale value of £191,771 and rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,854 and a rental value of £1,032 per month.
If you were able to purchase this property for the estimated value of £182,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £898 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, 125A, Collier Row Road, Romford was last sold on 09 Jul 2010 for £141,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2010, the market for similar properties has risen 73.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 125A, Collier Row Road, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 119, Collier Row Road, Romford, RM5 2AT, a Leasehold flat which sold for £121,500 in Jul 2020.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Collier Row Road, Romford, RM5 has a total of 199 addresses. According to our analysis of all the public data, 125A, Collier Row Road, Romford is the 142nd largest and the 179th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in RM5.
125A, Collier Row Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2022.
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 125A, Collier Row Road, Romford is Romford station which is 3.2 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 125A, Collier Row Road, Romford, 34.2% of property is privately owned outright and 29.0% 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 125A, Collier Row Road, Romford, 23.8% of residents are recorded as possessing school level qualifications and 22.4% 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 125A, Collier Row Road, Romford, the average age was 38.3 and the most common age was 37.
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 125A, Collier Row Road, Romford, 0.0% 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 125A, Collier Row Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.