According to the public record, Flat 1, Hawthorne Court 16, Romford is a modern leasehold apartment with 704 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hawthorne Court, Marks Road, Romford, RM7.
Marks Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 1, Hawthorne Court 16, Romford has a single entry in the Land Registry database from January 2008 and a single entry in the EPC database dated August 2011.
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 Hawthorne Court 16 Romford as £272,675 and the rental value as £1,422 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 1 Hawthorne Court 16 Romford has decreased by £522 (0.2%) and its rental value has increased by £81 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 Flat 1, Hawthorne Court 16, Romford is in very good condition we estimate a sale value of £286,309 and rental value of £1,493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,588 and a rental value of £1,322 per month.
If you were able to purchase this property for the estimated value of £272,675, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,340 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, Hawthorne Court 16, Romford was last sold on 25 Jan 2008 for £104,472 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 45.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Hawthorne Court 16, Romford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 3, Hawthorne Court 16, Marks Road, Romford, RM7 7AB, a Leasehold flat which sold for £79,500 in Aug 2022.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marks Road, Romford, RM7 has a total of 225 addresses. According to our analysis of all the public data, Flat 1, Hawthorne Court 16, Romford is the 124th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in RM7.
Flat 1, Hawthorne Court 16, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2011.
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 Flat 1, Hawthorne Court 16, Romford is Romford station which is 700 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 Flat 1, Hawthorne Court 16, Romford, 37.4% of property is privately rented and 31.3% 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 Flat 1, Hawthorne Court 16, Romford, 17.3% of residents are recorded as possessing school level qualifications and 39.0% 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, Hawthorne Court 16, 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, Hawthorne Court 16, 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, Hawthorne Court 16, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.