Flat 37, Emma House 2, Romford has a single entry in the Land Registry database from December 2016 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 37, Emma House 2, Romford is in very good condition we estimate a sale value of £131,247 and rental value of £804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,247 and a rental value of £712 per month.
If you were able to purchase this property for the estimated value of £124,997, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £614 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 37, Emma House 2, Romford was last sold on 19 Dec 2016 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2016, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 37, Emma House 2, Romford within a radius of 450 metres over the last 2 years.
The most recent example is Flat 5, Brant Court, Riverside Close, Romford, RM1 1EG, a Leasehold flat which sold for £238,000 in Oct 2022.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Link, Romford, RM1 has a total of 72 addresses. According to our analysis of all the public data, Flat 37, Emma House 2, Romford is the 51st largest and the 64th most expensive property on the street.
When compared to the postcode district it is £269k less expensive than the average property in RM1.
Flat 37, Emma House 2, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, Flat 37, Emma House 2, Romford is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Emma House, Market Link, Romford, RM1.
Market Link, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 37 Emma House 2 Romford as £124,997 and the rental value as £766 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 37 Emma House 2 Romford has decreased by £1,019 (0.8%) and its rental value has increased by £40 per month (5.2%).
The closest station to Flat 37, Emma House 2, Romford is Romford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 37, Emma House 2, Romford, 32.3% of property is privately rented and 29.0% is shared ownership.
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 37, Emma House 2, Romford, 23.9% of residents are recorded as possessing school level qualifications and 42.6% 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 37, Emma House 2, 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 37, Emma House 2, 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 37, Emma House 2, 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.