According to the public record, 55C, High Street, Romford is a mid-century apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 55, High Street, Romford, RM1.
High Street, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
55C, High Street, Romford has no records in the Land Registry database and a single entry in the EPC database dated October 2012.
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 55C High Street Romford as £216,319 and the rental value as £1,338 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 55C High Street Romford has decreased by £26 (0.0%) and its rental value has increased by £79 per month (5.9%).
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 55C, High Street, Romford is in very good condition we estimate a sale value of £227,135 and rental value of £1,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,177 and a rental value of £1,245 per month.
If you were able to purchase this property for the estimated value of £216,319, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,063 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 55C, High Street, Romford within a radius of 460 metres over the last 2 years.
The most recent example is Flat 8, Byron Court 25-31, South Street, Romford, RM1 1NJ, a Leasehold flat which sold for £215,000 in May 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Romford, RM1 has a total of 107 addresses. According to our analysis of all the public data, 55C, High Street, Romford is the 27th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in RM1.
55C, High Street, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 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 55C, High Street, Romford is Romford station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 55C, High Street, Romford, 50.0% of property is privately rented and 29.1% is socially 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 55C, High Street, Romford, 19.4% of residents are recorded as possessing school level qualifications and 38.5% 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 55C, High Street, 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 55C, High Street, Romford, 0.7% 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 55C, High Street, Romford, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.