According to the public record, 114B , Mildmay Road, Romford is a mid-century apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 114, Mildmay Road, Romford, RM7.
Mildmay Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
114B , Mildmay Road, Romford has no records in the Land Registry database and a single entry in the EPC database dated September 2017.
We combine this information with public data 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 114B Mildmay Road Romford as £212,036 and the rental value as £1,186 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 114B Mildmay Road Romford has increased by £490 (0.2%) and its rental value has increased by £69 per month (5.8%).
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 114B , Mildmay Road, Romford is in very good condition we estimate a sale value of £222,638 and rental value of £1,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,193 and a rental value of £1,103 per month.
If you were able to purchase this property for the estimated value of £212,036, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,042 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114B , Mildmay Road, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 1, Holland Close, Romford, RM7 7RN, a Leasehold flat which sold for £212,000 in Sep 2019.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mildmay Road, Romford, RM7 has a total of 136 addresses. According to our analysis of all the public data, 114B , Mildmay Road, Romford is the 130th largest and the 134th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in RM7.
114B , Mildmay Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 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 114B , Mildmay Road, Romford is Romford station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 114B , Mildmay Road, Romford, 36.8% of property is privately owned with a mortgage and 33.3% 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 114B , Mildmay Road, Romford, 22.9% of residents are recorded as possessing school level qualifications and 33.3% 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 114B , Mildmay Road, Romford, the average age was 38.3 and the most common age was 37.
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 114B , Mildmay 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 114B , Mildmay Road, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.