According to the public record, Flat 2, 120, Romford Road, London is a modern leasehold apartment with 489 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 120, Romford Road, London, E15.
Romford Road, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 2, 120, Romford Road, London has 2 entries in the Land Registry database, most recently in January 2019 and a single entry in the EPC database dated November 2011.
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 2 120 Romford Road London as £305,785 and the rental value as £2,027 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of Flat 2 120 Romford Road London has increased by £5,005 (1.6%) and its rental value has increased by £69 per month (3.4%).
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 2, 120, Romford Road, London is in very good condition we estimate a sale value of £321,075 and rental value of £2,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,380 and a rental value of £1,885 per month.
If you were able to purchase this property for the estimated value of £305,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,503 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 2, 120, Romford Road, London was last sold on 25 Jan 2019 for £338,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2019, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 120, Romford Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 8, The Quadrangle House 84, Romford Road, London, E15 4EJ, a Leasehold flat which sold for £260,000 in Jan 2024.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E15 has a total of 530 addresses. According to our analysis of all the public data, Flat 2, 120, Romford Road, London is the 239th largest and the 254th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in E15.
Flat 2, 120, Romford Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Nov 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 2, 120, Romford Road, London is Maryland 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 2, 120, Romford Road, London, 29.0% of property is privately rented and 22.6% 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 2, 120, Romford Road, London, 15.4% of residents are recorded as possessing school level qualifications and 59.0% 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 2, 120, Romford Road, London, the average age was 35 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 2, 120, Romford Road, London, 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 2, 120, Romford Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.