Flat 127, Image Court, Romford has a single entry in the Land Registry database from December 2023 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 127, Image Court, Romford is in very good condition we estimate a sale value of £308,636 and rental value of £1,690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,364 and a rental value of £1,497 per month.
If you were able to purchase this property for the estimated value of £293,939, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,445 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 127, Image Court, Romford was last sold on 01 Dec 2023 for £292,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 127, Image Court, Romford within a radius of 480 metres over the last 2 years.
The most recent example is Flat 23, Image Court, Maxwell Road, Romford, RM7 0FJ, a Leasehold flat which sold for £315,000 in Apr 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maxwell Road, Romford, RM7 has a total of 493 addresses. According to our analysis of all the public data, Flat 127, Image Court, Romford is the 47th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in RM7.
Flat 127, Image Court, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
According to the public record, Flat 127, Image Court, Romford is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Image Court, Maxwell Road, Romford, RM7.
Maxwell Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 127 Image Court Romford as £293,939 and the rental value as £1,609 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 127 Image Court Romford has decreased by £3,001 (1.0%) and its rental value has increased by £72 per month (4.5%).
The closest station to Flat 127, Image Court, Romford is Romford station which is 500 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 127, Image Court, Romford, 43.7% of property is privately rented and 35.0% is privately owned outright.
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 127, Image Court, Romford, 11.1% of residents are recorded as possessing school level qualifications and 35.4% 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 127, Image Court, Romford, the average age was 35.1 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 127, Image Court, Romford, 0.0% 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 127, Image Court, Romford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.