According to the public record, Flat 3, Allender Court, Romford is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Allender Court, Riverside Close, Romford, RM1.
Riverside Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 3, Allender Court, Romford has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated March 2018.
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 3 Allender Court Romford as £106,865 and the rental value as £645 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 3 Allender Court Romford has decreased by £582 (0.5%) and its rental value has increased by £35 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 3, Allender Court, Romford is in very good condition we estimate a sale value of £112,208 and rental value of £677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,385 and a rental value of £600 per month.
If you were able to purchase this property for the estimated value of £106,865, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £525 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 3, Allender Court, Romford was last sold on 06 Jul 2018 for £94,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Allender Court, Romford within a radius of 450 metres over the last 2 years.
The most recent example is Flat 7, Allender Court, Riverside Close, Romford, RM1 1EF, a Leasehold flat which sold for £91,000 in Jun 2017.
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 3, Allender Court, Romford is the 13th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £287k less expensive than the average property in RM1.
Flat 3, Allender Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2018.
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 3, Allender Court, Romford is Romford station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Allender 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 3, Allender 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 3, Allender 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 3, Allender 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 3, Allender 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.