According to the public record, Flat 11, Burnside Court 229-239, Romford is a modern leasehold apartment with 553 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Burnside Court, South Street, Romford, RM1.
South Street, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 11, Burnside Court 229-239, Romford has 51 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated July 2010.
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 11 Burnside Court 229-239 Romford as £257,474 and the rental value as £1,301 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 11 Burnside Court 229-239 Romford has decreased by £527 (0.2%) and its rental value has increased by £73 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 Flat 11, Burnside Court 229-239, Romford is in very good condition we estimate a sale value of £270,348 and rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,451 and a rental value of £1,210 per month.
If you were able to purchase this property for the estimated value of £257,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,265 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 11, Burnside Court 229-239, Romford was last sold on 18 Sep 2018 for £242,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2018, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Burnside Court 229-239, Romford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 34, The Maltings, South Street, Romford, RM1 2AW, a Leasehold flat which sold for £260,000 in Jun 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Romford, RM1 has a total of 647 addresses. According to our analysis of all the public data, Flat 11, Burnside Court 229-239, Romford is the 315th largest and the 156th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in RM1.
Flat 11, Burnside Court 229-239, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2010.
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 11, Burnside Court 229-239, Romford is Romford station which is 0 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 11, Burnside Court 229-239, Romford, 42.0% of property is privately rented and 20.7% 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 11, Burnside Court 229-239, Romford, 26.4% of residents are recorded as possessing school level qualifications and 36.7% 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 11, Burnside Court 229-239, Romford, the average age was 36.6 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 11, Burnside Court 229-239, 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 11, Burnside Court 229-239, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.