According to the public record, 50A, Tudor Drive, Romford is a early-century leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 50, Tudor Drive, Romford, RM2.
Tudor Drive, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
50A, Tudor Drive, Romford has a single entry in the Land Registry database from January 2009 and a single entry in the EPC database dated April 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 50A Tudor Drive Romford as £353,531 and the rental value as £1,757 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 50A Tudor Drive Romford has increased by £5,549 (1.6%) and its rental value has increased by £136 per month (7.7%).
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 50A, Tudor Drive, Romford is in very good condition we estimate a sale value of £371,208 and rental value of £1,844 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,784 and a rental value of £1,634 per month.
If you were able to purchase this property for the estimated value of £353,531, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,737 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, 50A, Tudor Drive, Romford was last sold on 29 Jan 2009 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2009, the market for similar properties has risen 71.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50A, Tudor Drive, Romford within a radius of 570 metres over the last 2 years.
The most recent example is 48, Tudor Drive, Romford, RM2 5LH, a Leasehold flat which sold for £355,000 in Mar 2023.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tudor Drive, Romford, RM2 has a total of 98 addresses. According to our analysis of all the public data, 50A, Tudor Drive, Romford is the 15th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in RM2.
50A, Tudor Drive, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2021.
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 50A, Tudor Drive, Romford is Gidea Park station which is 800 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 50A, Tudor Drive, Romford, 44.7% of property is privately owned outright and 25.5% 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 50A, Tudor Drive, Romford, 10.8% of residents are recorded as possessing school level qualifications and 36.6% 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 50A, Tudor Drive, 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 50A, Tudor Drive, 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 50A, Tudor Drive, 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.