According to the public record, Flat 4, Pamela Court, Romford is a mid-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Pamela Court, Victoria Road, Romford, RM1.
Victoria Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 4, Pamela Court, Romford has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated August 2016.
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 Pamela Court Romford as £222,880 and the rental value as £1,342 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 4 Pamela Court Romford has decreased by £1,326 (0.6%) and its rental value has increased by £73 per month (5.4%).
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, Pamela Court, Romford is in very good condition we estimate a sale value of £234,024 and rental value of £1,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,278 and a rental value of £1,248 per month.
If you were able to purchase this property for the estimated value of £222,880, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,095 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, Pamela Court, Romford was last sold on 31 Aug 2021 for £220,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Pamela Court, Romford within a radius of 400 metres over the last 2 years.
The most recent example is Flat 16, Victoria Court, Victoria Road, Romford, RM1 2NU, a Leasehold flat which sold for £270,000 in May 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road, Romford, RM1 has a total of 351 addresses. According to our analysis of all the public data, Flat 4, Pamela Court, Romford is the 151st largest and the 269th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in RM1.
Flat 4, Pamela Court, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, Pamela Court, Romford is Romford station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Pamela Court, Romford, 56.0% of property is privately rented and 19.3% is socially rented.
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, Pamela Court, Romford, 19.1% of residents are recorded as possessing school level qualifications and 36.1% 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, Pamela 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 4, Pamela Court, Romford, 0.2% 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, Pamela 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.