According to the public record, Flat 12, Verity House, Romford is a modern apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Verity House, Cotleigh Road, Romford, RM7.
Cotleigh Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 12, Verity House, Romford has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 12 Verity House Romford as £201,480 and the rental value as £1,110 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 12 Verity House Romford has increased by £341 (0.2%) and its rental value has increased by £64 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 12, Verity House, Romford is in very good condition we estimate a sale value of £211,554 and rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,376 and a rental value of £1,032 per month.
If you were able to purchase this property for the estimated value of £201,480, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £990 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 12, Verity House, Romford was last sold on 13 Feb 2004 for £113,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Verity House, Romford within a radius of 420 metres over the last 2 years.
The most recent example is Flat 6, Verity House, Cotleigh Road, Romford, RM7 9AE, a Leasehold flat which sold for £190,000 in Sep 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cotleigh Road, Romford, RM7 has a total of 68 addresses. According to our analysis of all the public data, Flat 12, Verity House, Romford is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in RM7.
Flat 12, Verity House, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 12, Verity House, Romford is Romford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 12, Verity House, Romford, 43.1% of property is privately owned with a mortgage and 40.7% 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 12, Verity House, Romford, 9.2% of residents are recorded as possessing school level qualifications and 50.0% 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 12, Verity House, 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 12, Verity House, Romford, 1.0% 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 12, Verity House, 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.