According to the public record, Flat 4, 39, Edenhall Road, Romford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 39, Edenhall Road, Romford, RM3.
Edenhall Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
Flat 4, 39, Edenhall Road, Romford has 31 entries in the Land Registry database, most recently in May 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 4 39 Edenhall Road Romford as £178,310 and the rental value as £1,066 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 4 39 Edenhall Road Romford has decreased by £1,224 (0.7%) and its rental value has increased by £56 per month (5.3%).
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 4, 39, Edenhall Road, Romford is in very good condition we estimate a sale value of £187,225 and rental value of £1,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,828 and a rental value of £991 per month.
If you were able to purchase this property for the estimated value of £178,310, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £876 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 4, 39, Edenhall Road, Romford was last sold on 09 May 2014 for £210,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2014, the market for similar properties has risen 56.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 430 metres radius of Flat 4, 39, Edenhall Road, Romford over the last 2 years.
The most recent example is 41, Edenhall Road, Romford, RM3 7RX, a Freehold house which sold for £265,000 in Apr 2019.
Read more about house prices in RM3.
Edenhall Road, Romford, RM3 has a total of 54 addresses. According to our analysis of all the public data, Flat 4, 39, Edenhall Road, Romford is the 53rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in RM3.
Flat 4, 39, Edenhall Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2017.
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 4, 39, Edenhall Road, Romford is Harold Wood station which is 2.2 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 4, 39, Edenhall Road, Romford, 50.4% of property is socially rented and 28.0% 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 4, 39, Edenhall Road, Romford, 27.4% of residents are recorded as possessing school level qualifications and 24.6% 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 4, 39, Edenhall Road, Romford, the average age was 33.9 and the most common age was 7.
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 4, 39, Edenhall Road, 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 4, 39, Edenhall Road, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.