According to the public record, 4B, Tudor Parade, Romford is a period apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Tudor Parade, Romford, RM6.
Tudor Parade, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
4B, Tudor Parade, Romford has no records in the Land Registry database and a single entry in the EPC database dated August 2014.
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 4B Tudor Parade Romford as £148,853 and the rental value as £931 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 4B Tudor Parade Romford has increased by £1,075 (0.7%) and its rental value has increased by £52 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 4B, Tudor Parade, Romford is in very good condition we estimate a sale value of £156,295 and rental value of £977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,433 and a rental value of £865 per month.
If you were able to purchase this property for the estimated value of £148,853, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £732 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 4B, Tudor Parade, Romford within a radius of 440 metres over the last 2 years.
The most recent example is 7B, Tudor Parade, Romford, RM6 6PS, a Leasehold flat which sold for £135,000 in Jul 2019.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tudor Parade, Romford, RM6 has a total of 22 addresses. According to our analysis of all the public data, 4B, Tudor Parade, Romford is the 14th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in RM6.
4B, Tudor Parade, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Aug 2014.
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 4B, Tudor Parade, Romford is Chadwell Heath station which is 400 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 4B, Tudor Parade, Romford, 74.3% of property is privately rented and 10.4% 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 4B, Tudor Parade, Romford, 31.9% of residents are recorded as possessing school level qualifications and 31.6% 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 4B, Tudor Parade, Romford, the average age was 35.3 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 4B, Tudor Parade, Romford, 0.5% 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 4B, Tudor Parade, 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.