According to the public record, Flat 10, Suffolk Court, Romford is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Suffolk Court, Hevingham Drive, Chadwell Heath, Romford, RM6.
Hevingham Drive, Chadwell Heath, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
Flat 10, Suffolk Court, Romford has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated July 2021.
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 10 Suffolk Court Romford as £240,739 and the rental value as £1,371 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 10 Suffolk Court Romford has decreased by £4,402 (1.8%) and its rental value has increased by £39 per month (2.9%).
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 Flat 10, Suffolk Court, Romford is in very good condition we estimate a sale value of £252,776 and rental value of £1,439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,887 and a rental value of £1,275 per month.
If you were able to purchase this property for the estimated value of £240,739, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,183 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 10, Suffolk Court, Romford was last sold on 30 Sep 2021 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, Suffolk Court, Romford within a radius of 380 metres over the last 2 years.
The most recent example is Flat 29, Framlingham Court, Norwich Crescent, Romford, RM6 4UQ, a Leasehold flat which sold for £269,000 in Jun 2023.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hevingham Drive, Chadwell Heath, Romford, RM6 has a total of 81 addresses. According to our analysis of all the public data, Flat 10, Suffolk Court, Romford is the 45th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in RM6.
Flat 10, Suffolk Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 10, Suffolk Court, Romford is Chadwell Heath station which is 1.1 kilometres 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 10, Suffolk Court, Romford, 55.7% of property is privately rented and 19.0% 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 10, Suffolk Court, Romford, 34.1% of residents are recorded as possessing school level qualifications and 45.6% 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 Flat 10, Suffolk Court, Romford, the average age was 40.6 and the most common age was 42.
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 10, Suffolk Court, 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 Flat 10, Suffolk 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.