According to the public record, Flat 103, Palatine Building 304-306, London is a modern apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Palatine Building, Romford Road, London, E7.
Romford Road, London, E7 is located in the borough of Newham within the E7 postal district.
Flat 103, Palatine Building 304-306, London has no records in the Land Registry database and a single entry in the EPC database dated July 2017.
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 Flat 103 Palatine Building 304-306 London as £250,170 and the rental value as £1,574 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 103 Palatine Building 304-306 London has increased by £7,090 (2.8%) and its rental value has increased by £61 per month (3.9%).
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 103, Palatine Building 304-306, London is in very good condition we estimate a sale value of £262,679 and rental value of £1,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,658 and a rental value of £1,464 per month.
If you were able to purchase this property for the estimated value of £250,170, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,230 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 Flat 103, Palatine Building 304-306, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 2, Garland House 302C, Romford Road, London, E7 9HD, a Leasehold flat which sold for £243,500 in Mar 2017.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E7 has a total of 854 addresses. According to our analysis of all the public data, Flat 103, Palatine Building 304-306, London is the 523rd largest and the 644th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in E7.
Flat 103, Palatine Building 304-306, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 103, Palatine Building 304-306, London is Forest Gate station which is 400 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 103, Palatine Building 304-306, London, 80.7% of property is privately rented and 8.6% 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 Flat 103, Palatine Building 304-306, London, 28.3% of residents are recorded as possessing school level qualifications and 37.3% 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 103, Palatine Building 304-306, London, the average age was 33 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 103, Palatine Building 304-306, London, 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 103, Palatine Building 304-306, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.