According to the public record, 5A, Heath Park Road, Romford is a early-century leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 5, Heath Park Road, Romford, RM2.
Heath Park Road, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
5A, Heath Park Road, Romford has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated November 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5A Heath Park Road Romford as £298,653 and the rental value as £1,825 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 5A Heath Park Road Romford has increased by £2,592 (0.9%) and its rental value has increased by £128 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 5A, Heath Park Road, Romford is in very good condition we estimate a sale value of £313,586 and rental value of £1,916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,747 and a rental value of £1,697 per month.
If you were able to purchase this property for the estimated value of £298,653, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,468 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, 5A, Heath Park Road, Romford was last sold on 27 May 2022 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Heath Park Road, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 5, Heath Park Court, Romford, RM2 5UA, a Leasehold flat which sold for £297,000 in May 2016.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heath Park Road, Romford, RM2 has a total of 187 addresses. According to our analysis of all the public data, 5A, Heath Park Road, Romford is the 103rd largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £217k less expensive than the average property in RM2.
5A, Heath Park Road, Romford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 24 Nov 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 5A, Heath Park Road, Romford is Gidea Park station which is 700 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 5A, Heath Park Road, Romford, 41.2% of property is privately owned with a mortgage and 32.2% 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 5A, Heath Park Road, Romford, 17.4% of residents are recorded as possessing school level qualifications and 43.3% 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 5A, Heath Park Road, Romford, the average age was 42.1 and the most common age was 52.
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 5A, Heath Park Road, 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 5A, Heath Park 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.