According to the public record, Flat 21, 64, South Street, Romford is a modern apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 64, South Street, Romford, RM1.
South Street, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 21, 64, South Street, Romford has no records in the Land Registry database and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 21 64 South Street Romford as £229,086 and the rental value as £1,405 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 21 64 South Street Romford has decreased by £1,220 (0.5%) and its rental value has increased by £77 per month (5.5%).
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 21, 64, South Street, Romford is in very good condition we estimate a sale value of £240,540 and rental value of £1,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,050 and a rental value of £1,307 per month.
If you were able to purchase this property for the estimated value of £229,086, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,126 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, 64, South Street, Romford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 10, Nayland Court, Market Place, Romford, RM1 3EF, a Leasehold flat which sold for £275,000 in Mar 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Romford, RM1 has a total of 647 addresses. According to our analysis of all the public data, Flat 21, 64, South Street, Romford is the 100th largest and the 329th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in RM1.
Flat 21, 64, South Street, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 21, 64, South Street, Romford is Romford station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 21, 64, South Street, Romford, 50.0% of property is privately rented and 29.1% 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 21, 64, South Street, Romford, 19.4% of residents are recorded as possessing school level qualifications and 38.5% 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 21, 64, South Street, 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 21, 64, South Street, 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 21, 64, South Street, Romford, 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.