According to the public record, 2A, Balgores Square, Romford is a early-century apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Balgores Square, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
2A, Balgores Square, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2023.
We combine this information with public data 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 2A Balgores Square Romford as £322,958 and the rental value as £1,952 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 2A Balgores Square Romford has increased by £3,202 (1.0%) and its rental value has increased by £139 per month (7.1%).
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 2A, Balgores Square, Romford is in very good condition we estimate a sale value of £339,106 and rental value of £2,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,351 and a rental value of £1,815 per month.
If you were able to purchase this property for the estimated value of £322,958, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,587 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, 2A, Balgores Square, Romford was last sold on 16 Jul 2004 for £169,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Balgores Square, Romford within a radius of 540 metres over the last 2 years.
The most recent example is 4A, Balgores Square, Romford, RM2 6AU, a Leasehold flat which sold for £320,000 in Oct 2017.
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, 2A, Balgores Square, Romford is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in RM2.
2A, Balgores Square, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2A, Balgores Square, Romford is Gidea Park station which is 200 metres 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 2A, 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 2A, 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 2A, 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 2A, 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 2A, 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.