According to the public record, Flat 4, Henham Court, Romford is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Henham Court, Mowbrays Road, Romford, RM5.
Mowbrays Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
Flat 4, Henham Court, Romford has 51 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated November 2014.
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 4 Henham Court Romford as £199,190 and the rental value as £1,041 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 4 Henham Court Romford has decreased by £1,725 (0.9%) and its rental value has increased by £61 per month (5.8%).
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, Henham Court, Romford is in very good condition we estimate a sale value of £209,150 and rental value of £1,093 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,247 and a rental value of £968 per month.
If you were able to purchase this property for the estimated value of £199,190, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £979 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, Henham Court, Romford was last sold on 12 Apr 2019 for £178,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2019, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Henham Court, Romford within a radius of 500 metres over the last 2 years.
The most recent example is Flat 2, Henham Court, Mowbrays Road, Romford, RM5 3EN, a Leasehold flat which sold for £199,995 in Sep 2021.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mowbrays Road, Romford, RM5 has a total of 121 addresses. According to our analysis of all the public data, Flat 4, Henham Court, Romford is the 113th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in RM5.
Flat 4, Henham Court, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2014.
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, Henham Court, Romford is Romford station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Henham Court, Romford, 44.6% of property is privately owned outright and 28.6% 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, Henham Court, Romford, 16.8% 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, Henham Court, Romford, the average age was 40.2 and the most common age was 42.
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, Henham Court, Romford, 1.6% 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, Henham Court, 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.