According to the public record, 14B, Pavement Mews, Romford is a early-century leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 14, Pavement Mews, Romford, RM6.
Pavement Mews, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
14B, Pavement Mews, Romford has 31 entries in the Land Registry database, most recently in March 2008 and a single entry in the EPC database dated November 2012.
We combine this information with that 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 14B Pavement Mews Romford as £160,719 and the rental value as £1,031 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 14B Pavement Mews Romford has increased by £1,181 (0.7%) and its rental value has increased by £57 per month (5.5%).
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 14B, Pavement Mews, Romford is in very good condition we estimate a sale value of £168,755 and rental value of £1,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,469 and a rental value of £958 per month.
If you were able to purchase this property for the estimated value of £160,719, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £790 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, 14B, Pavement Mews, Romford was last sold on 25 Mar 2008 for £120,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2008, the market for similar properties has risen 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14B, Pavement Mews, Romford within a radius of 420 metres over the last 2 years.
The most recent example is 132, Overton Drive, Romford, RM6 4EE, a Leasehold flat which sold for £200,000 in Jun 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pavement Mews, Romford, RM6 has a total of 21 addresses. According to our analysis of all the public data, 14B, Pavement Mews, Romford is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in RM6.
14B, Pavement Mews, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2012.
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 14B, Pavement Mews, Romford is Chadwell Heath station which is 300 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 14B, Pavement Mews, Romford, 56.2% of property is privately rented and 23.1% is privately owned with a mortgage.
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 14B, Pavement Mews, Romford, 28.1% of residents are recorded as possessing school level qualifications and 36.3% 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 14B, Pavement Mews, Romford, the average age was 40.6 and the most common age was 42.
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 14B, Pavement Mews, 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 14B, Pavement Mews, 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.