According to the public record, Flat 26, Calder Court, Romford is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Calder Court, Riverside Close, Romford, RM1.
Riverside Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 26, Calder Court, Romford has a single entry in the Land Registry database from February 2007 and a single entry in the EPC database dated September 2019.
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 26 Calder Court Romford as £268,010 and the rental value as £1,379 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 26 Calder Court Romford has decreased by £6,338 (2.4%) and its rental value has increased by £49 per month (3.6%).
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 26, Calder Court, Romford is in very good condition we estimate a sale value of £281,411 and rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,249 and a rental value of £1,282 per month.
If you were able to purchase this property for the estimated value of £268,010, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,317 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 26, Calder Court, Romford was last sold on 23 Feb 2007 for £185,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 44.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 26, Calder Court, Romford within a radius of 460 metres over the last 2 years.
The most recent example is Flat 17, Calder Court, Riverside Close, Romford, RM1 1EN, a Leasehold flat which sold for £292,100 in Oct 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Close, Romford, RM1 has a total of 111 addresses. According to our analysis of all the public data, Flat 26, Calder Court, Romford is the 52nd largest and the 60th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in RM1.
Flat 26, Calder Court, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 26, Calder Court, Romford is Romford station which is 1.0 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 26, Calder Court, Romford, 42.4% of property is privately rented and 26.7% 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 26, Calder Court, Romford, 17.9% of residents are recorded as possessing school level qualifications and 45.4% 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 26, Calder Court, 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 26, Calder Court, 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 26, Calder Court, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.