According to the public record, 19A , Knighton Road, Romford is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 19, Knighton Road, Romford, RM7.
Knighton Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
19A , Knighton Road, Romford has 41 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated April 2017.
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 19A Knighton Road Romford as £245,001 and the rental value as £1,167 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 19A Knighton Road Romford has increased by £878 (0.4%) and its rental value has increased by £69 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 19A , Knighton Road, Romford is in very good condition we estimate a sale value of £257,252 and rental value of £1,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,851 and a rental value of £1,085 per month.
If you were able to purchase this property for the estimated value of £245,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,204 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, 19A , Knighton Road, Romford was last sold on 01 Sep 2020 for £238,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2020, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19A , Knighton Road, Romford within a radius of 470 metres over the last 2 years.
The most recent example is 19B, Knighton Road, Romford, RM7 9BS, a Leasehold flat which sold for £220,000 in Apr 2021.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knighton Road, Romford, RM7 has a total of 51 addresses. According to our analysis of all the public data, 19A , Knighton Road, Romford is the 48th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in RM7.
19A , Knighton Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Apr 2017.
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 19A , Knighton Road, Romford is Romford station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 19A , Knighton Road, Romford, 45.7% of property is privately owned with a mortgage and 27.1% is privately 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 19A , Knighton Road, Romford, 22.2% of residents are recorded as possessing school level qualifications and 35.7% 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 19A , Knighton Road, Romford, the average age was 35.1 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 19A , Knighton 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 19A , Knighton Road, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.