According to the public record, Flat 20, Norfolk Court, Romford is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Norfolk Court, Norwich Crescent, Chadwell Heath, Romford, RM6.
Norwich Crescent, Chadwell Heath, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
Flat 20, Norfolk Court, Romford has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated June 2013.
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 20 Norfolk Court Romford as £238,973 and the rental value as £1,356 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 20 Norfolk Court Romford has decreased by £4,369 (1.8%) and its rental value has increased by £39 per month (2.9%).
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 20, Norfolk Court, Romford is in very good condition we estimate a sale value of £250,922 and rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,245 and a rental value of £1,261 per month.
If you were able to purchase this property for the estimated value of £238,973, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,174 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 20, Norfolk Court, Romford was last sold on 25 Apr 2014 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 42.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 20, Norfolk Court, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 25, Norfolk Court, Glandford Way, Romford, RM6 4US, a Leasehold flat which sold for £247,500 in Mar 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norwich Crescent, Chadwell Heath, Romford, RM6 has a total of 79 addresses. According to our analysis of all the public data, Flat 20, Norfolk Court, Romford is the 67th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in RM6.
Flat 20, Norfolk Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jun 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 20, Norfolk Court, Romford is Chadwell Heath station which is 1.2 kilometres 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 20, Norfolk Court, Romford, 50.0% of property is privately rented and 25.4% 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 20, Norfolk Court, Romford, 35.0% of residents are recorded as possessing school level qualifications and 44.4% 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 20, Norfolk Court, Romford, the average age was 40.6 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 20, Norfolk 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 20, Norfolk Court, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.