According to the public record, 78A, Heath Park Road, Romford is a early-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 78, Heath Park Road, Romford, RM2.
Heath Park Road, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
78A, Heath Park Road, Romford has 21 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated November 2023.
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.
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 78A Heath Park Road Romford as £274,468 and the rental value as £1,456 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 78A Heath Park Road Romford has increased by £1,373 (0.5%) and its rental value has increased by £96 per month (6.6%).
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 78A, Heath Park Road, Romford is in very good condition we estimate a sale value of £288,191 and rental value of £1,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,255 and a rental value of £1,354 per month.
If you were able to purchase this property for the estimated value of £274,468, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,349 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, 78A, Heath Park Road, Romford was last sold on 12 Mar 2018 for £267,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2018, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78A, Heath Park Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 78B, Heath Park Road, Romford, RM2 5XA, a Leasehold flat which sold for £300,000 in Apr 2023.
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, 78A, Heath Park Road, Romford is the 151st largest and the 160th most expensive property on the street.
When compared to the postcode district it is £242k less expensive than the average property in RM2.
78A, Heath Park Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2023.
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 78A, Heath Park Road, Romford is Gidea Park station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 78A, Heath Park Road, Romford, 34.0% of property is privately owned with a mortgage and 28.9% 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 78A, Heath Park Road, Romford, 18.1% of residents are recorded as possessing school level qualifications and 34.2% 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 78A, 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 78A, Heath Park Road, Romford, 0.9% 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 78A, Heath Park 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.