According to the public record, Flat 24, Halyards Court 12, Romford is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Halyards Court, Western Road, Romford, RM1.
Western Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 24, Halyards Court 12, Romford has a single entry in the Land Registry database from December 2007 and a single entry in the EPC database dated November 2023.
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 good condition, we estimate the current sale value for Flat 24 Halyards Court 12 Romford as £273,703 and the rental value as £1,395 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 24 Halyards Court 12 Romford has decreased by £6,998 (2.6%) and its rental value has increased by £47 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 24, Halyards Court 12, Romford is in very good condition we estimate a sale value of £287,388 and rental value of £1,465 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,543 and a rental value of £1,297 per month.
If you were able to purchase this property for the estimated value of £273,703, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,345 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 24, Halyards Court 12, Romford was last sold on 18 Dec 2007 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Halyards Court 12, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 3, Eldon Court, Slaney Road, Romford, RM1 3GN, a Leasehold flat which sold for £252,500 in Apr 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Road, Romford, RM1 has a total of 122 addresses. According to our analysis of all the public data, Flat 24, Halyards Court 12, Romford is the 64th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in RM1.
Flat 24, Halyards Court 12, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 24, Halyards Court 12, Romford is Romford station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 24, Halyards Court 12, 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 24, Halyards Court 12, 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 24, Halyards Court 12, 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 24, Halyards Court 12, 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 24, Halyards Court 12, 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.