According to the public record, Flat 4, Badon Court 38, 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 Badon Court, Avelon Road, Romford, RM5.
Avelon Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
Flat 4, Badon Court 38, Romford has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated December 2020.
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 4 Badon Court 38 Romford as £465,450 and the rental value as £2,170 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 4 Badon Court 38 Romford has decreased by £4,340 (0.9%) and its rental value has increased by £133 per month (6.1%).
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, Badon Court 38, Romford is in very good condition we estimate a sale value of £488,723 and rental value of £2,278 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,869 and a rental value of £2,018 per month.
If you were able to purchase this property for the estimated value of £465,450, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,288 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, Badon Court 38, Romford was last sold on 18 Oct 2019 for £446,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of Flat 4, Badon Court 38, Romford over the last 2 years.
The most recent example is 36, Avelon Road, Romford, RM5 3XX, a Freehold house which sold for £403,000 in Feb 2019.
Read more about house prices in RM5.
Avelon Road, Romford, RM5 has a total of 59 addresses. According to our analysis of all the public data, Flat 4, Badon Court 38, Romford is the 34th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in RM5.
Flat 4, Badon Court 38, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 4, Badon Court 38, Romford is Gidea Park station which is 3.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Badon Court 38, Romford, 46.8% of property is privately owned outright and 30.2% 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, Badon Court 38, Romford, 12.5% of residents are recorded as possessing school level qualifications and 23.8% 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, Badon Court 38, Romford, the average age was 38.8 and the most common age was 37.
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, Badon Court 38, Romford, 0.5% 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, Badon Court 38, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.