According to the public record, Flat 2, 187A, Romford Road, London is a modern leasehold apartment with 312 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 187A, Romford Road, London, E15.
Romford Road, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 2, 187A, Romford Road, London has 3 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated September 2021.
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 187A Romford Road London as £260,153 and the rental value as £1,685 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 2 187A Romford Road London has increased by £8,655 (3.3%) and its rental value has increased by £82 per month (4.9%).
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, 187A, Romford Road, London is in very good condition we estimate a sale value of £273,161 and rental value of £1,769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,943 and a rental value of £1,567 per month.
If you were able to purchase this property for the estimated value of £260,153, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,279 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, 187A, Romford Road, London was last sold on 16 Nov 2022 for £270,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 187A, Romford Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 6, 187A, Romford Road, London, E15 4JF, a Leasehold flat which sold for £340,000 in Jul 2020.
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, 187A, Romford Road, London is the 360th largest and the 413th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in E15.
Flat 2, 187A, Romford Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 2, 187A, Romford Road, London is Maryland station which is 600 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, 187A, Romford Road, London, 58.9% of property is socially rented and 31.3% 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 2, 187A, Romford Road, London, 27.4% of residents are recorded as possessing school level qualifications and 31.9% 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, 187A, 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, 187A, Romford Road, London, 0.2% 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, 187A, Romford Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.