According to the public record, Flat 2, Carew Court, Romford is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Carew Court, Quarles Park Road, Chadwell Heath, Romford, RM6.
Quarles Park Road, Chadwell Heath, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
Flat 2, Carew Court, Romford has 21 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated October 2022.
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 Carew Court Romford as £252,797 and the rental value as £1,411 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 2 Carew Court Romford has increased by £751 (0.3%) and its rental value has increased by £70 per month (5.0%).
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, Carew Court, Romford is in very good condition we estimate a sale value of £265,437 and rental value of £1,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,102 and a rental value of £1,312 per month.
If you were able to purchase this property for the estimated value of £252,797, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,242 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, Carew Court, Romford was last sold on 18 Mar 2016 for £234,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Carew Court, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 33, Madeleine Close, Romford, RM6 4BJ, a Leasehold flat which sold for £270,000 in Mar 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Quarles Park Road, Chadwell Heath, Romford, RM6 has a total of 34 addresses. According to our analysis of all the public data, Flat 2, Carew Court, Romford is the 8th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in RM6.
Flat 2, Carew Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2022.
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 2, Carew Court, Romford is Chadwell Heath station which is 900 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, Carew Court, Romford, 37.8% of property is privately owned with a mortgage and 26.9% is socially 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, Carew Court, Romford, 35.9% of residents are recorded as possessing school level qualifications and 41.4% 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 2, Carew Court, Romford, the average age was 34.6 and the most common age was 42.
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, Carew 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 2, Carew Court, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.