According to the public record, First Floor Flat, 17, Horace Avenue, Romford is a modern apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 17, Horace Avenue, Romford, RM7.
Horace Avenue, Romford, RM7 is located in the borough of Barking and Dagenham within the RM7 postal district.
First Floor Flat, 17, Horace Avenue, Romford has no records in the Land Registry database and a single entry in the EPC database dated December 2020.
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 First Floor Flat 17 Horace Avenue Romford as £183,524 and the rental value as £1,001 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of First Floor Flat 17 Horace Avenue Romford has increased by £31 (0.0%) and its rental value has increased by £56 per month (5.6%).
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 First Floor Flat, 17, Horace Avenue, Romford is in very good condition we estimate a sale value of £192,700 and rental value of £1,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,678 and a rental value of £931 per month.
If you were able to purchase this property for the estimated value of £183,524, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £902 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 First Floor Flat, 17, Horace Avenue, Romford within a radius of 560 metres over the last 2 years.
The most recent example is 255A, Dagenham Road, Romford, RM7 0TR, a Leasehold flat which sold for £173,000 in May 2017.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horace Avenue, Romford, RM7 has a total of 76 addresses. According to our analysis of all the public data, First Floor Flat, 17, Horace Avenue, Romford is the 76th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in RM7.
First Floor Flat, 17, Horace Avenue, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2020.
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 First Floor Flat, 17, Horace Avenue, Romford is Romford station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around First Floor Flat, 17, Horace Avenue, Romford, 43.7% of property is privately owned with a mortgage and 39.7% 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 First Floor Flat, 17, Horace Avenue, Romford, 20.6% of residents are recorded as possessing school level qualifications and 27.6% 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 First Floor Flat, 17, Horace Avenue, Romford, the average age was 38.7 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 First Floor Flat, 17, Horace Avenue, Romford, 0.8% 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 First Floor Flat, 17, Horace Avenue, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.