According to the public record, Flat 15, Calder Court, Romford is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Calder Court, Riverside Close, Romford, RM1.
Riverside Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 15, Calder Court, Romford has 3 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated January 2015.
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 15 Calder Court Romford as £270,433 and the rental value as £1,390 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 15 Calder Court Romford has decreased by £6,395 (2.4%) and its rental value has increased by £49 per month (3.6%).
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 15, Calder Court, Romford is in very good condition we estimate a sale value of £283,955 and rental value of £1,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,503 and a rental value of £1,292 per month.
If you were able to purchase this property for the estimated value of £270,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,329 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 15, Calder Court, Romford was last sold on 08 Nov 2019 for £270,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2019, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Calder Court, Romford within a radius of 460 metres over the last 2 years.
The most recent example is Flat 17, Calder Court, Riverside Close, Romford, RM1 1EN, a Leasehold flat which sold for £292,100 in Oct 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Close, Romford, RM1 has a total of 111 addresses. According to our analysis of all the public data, Flat 15, Calder Court, Romford is the 44th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in RM1.
Flat 15, Calder Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 15, Calder Court, Romford is Romford station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 15, Calder Court, Romford, 42.4% of property is privately rented and 26.7% 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 15, Calder Court, Romford, 17.9% of residents are recorded as possessing school level qualifications and 45.4% 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 15, Calder Court, 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 15, Calder Court, 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 15, Calder Court, 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.