According to the public record, Flat 127, Pulse 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 Pulse Court, Maxwell Road, Romford, RM7.
Maxwell Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 127, Pulse Court, Romford has 3 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated February 2024.
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 127 Pulse Court Romford as £253,383 and the rental value as £1,307 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 127 Pulse Court Romford has decreased by £3,272 (1.3%) and its rental value has increased by £55 per month (4.2%).
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, Pulse Court, Romford is in very good condition we estimate a sale value of £266,052 and rental value of £1,372 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,646 and a rental value of £1,215 per month.
If you were able to purchase this property for the estimated value of £253,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,245 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, Pulse Court, Romford was last sold on 21 May 2024 for £325,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2024, 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, Pulse Court, Romford within a radius of 450 metres over the last 2 years.
The most recent example is Flat 34, Wave Court, Maxwell Road, Romford, RM7 0FA, a Leasehold flat which sold for £300,000 in Jul 2023.
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, Pulse Court, Romford is the 342nd largest and the 313th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in RM7.
Flat 127, Pulse Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 127, Pulse 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, Pulse 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, Pulse 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, Pulse 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, Pulse 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, Pulse 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.