According to the public record, Flat 1, Frome Court, Romford is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Frome Court, Riverside Close, Romford, RM1.
Riverside Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 1, Frome Court, Romford has 2 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated October 2018.
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 Flat 1 Frome Court Romford as £296,599 and the rental value as £1,413 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 1 Frome Court Romford has decreased by £1,615 (0.5%) and its rental value has increased by £77 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 Flat 1, Frome Court, Romford is in very good condition we estimate a sale value of £311,429 and rental value of £1,483 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,837 and a rental value of £1,314 per month.
If you were able to purchase this property for the estimated value of £296,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,458 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, Flat 1, Frome Court, Romford was last sold on 29 Mar 2016 for £248,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Frome Court, Romford within a radius of 470 metres over the last 2 years.
The most recent example is Flat 12, Calder Court, Riverside Close, Romford, RM1 1EN, a Leasehold flat which sold for £300,000 in May 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Close, Romford, RM1 has a total of 111 addresses. According to our analysis of all the public data, Flat 1, Frome Court, Romford is the 18th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in RM1.
Flat 1, Frome Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 1, Frome Court, 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 Flat 1, Frome Court, Romford, 29.3% of property is socially rented and 27.8% is privately 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 Flat 1, Frome Court, Romford, 25.5% of residents are recorded as possessing school level qualifications and 36.0% 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 Flat 1, Frome Court, 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 Flat 1, Frome Court, Romford, 1.2% 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 Flat 1, Frome Court, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.