According to the public record, 16B, Carlton Road, Romford is a mid-century leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 16, Carlton Road, Romford, RM2.
Carlton Road, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
16B, Carlton Road, Romford has a single entry in the Land Registry database from January 2013 and a single entry in the EPC database dated October 2015.
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 16B Carlton Road Romford as £199,351 and the rental value as £1,073 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 16B Carlton Road Romford has decreased by £747 (0.4%) and its rental value has increased by £61 per month (5.7%).
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 16B, Carlton Road, Romford is in very good condition we estimate a sale value of £209,319 and rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,397 and a rental value of £998 per month.
If you were able to purchase this property for the estimated value of £199,351, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £980 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, 16B, Carlton Road, Romford was last sold on 31 Jan 2013 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2013, the market for similar properties has risen 60.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16B, Carlton Road, Romford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 3, Old Print House 198, Victoria Road, Romford, RM1 2NX, a Leasehold flat which sold for £204,000 in Apr 2023.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carlton Road, Romford, RM2 has a total of 253 addresses. According to our analysis of all the public data, 16B, Carlton Road, Romford is the 253rd largest and the 253rd most expensive property on the street.
When compared to the postcode district it is £317k less expensive than the average property in RM2.
16B, Carlton Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2015.
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 16B, Carlton Road, Romford is Romford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16B, Carlton Road, Romford, 30.5% of property is socially rented and 29.8% 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 16B, Carlton Road, Romford, 14.0% of residents are recorded as possessing school level qualifications and 22.4% 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 16B, Carlton Road, Romford, the average age was 37 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 16B, Carlton 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 16B, Carlton Road, Romford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.