According to the public record, Flat 4, Stratsmore House 79, Romford is a modern apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Stratsmore House, London Road, Romford, RM7.
London Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 4, Stratsmore House 79, Romford has no records in the Land Registry database and a single entry in the EPC database dated October 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 4 Stratsmore House 79 Romford as £345,218 and the rental value as £1,601 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 4 Stratsmore House 79 Romford has increased by £585 (0.2%) and its rental value has increased by £92 per month (5.7%).
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, Stratsmore House 79, Romford is in very good condition we estimate a sale value of £362,479 and rental value of £1,681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,053 and a rental value of £1,489 per month.
If you were able to purchase this property for the estimated value of £345,218, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,697 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 4, Stratsmore House 79, Romford within a radius of 420 metres over the last 2 years.
The most recent example is Flat 10, Stratsmore House 79, London Road, Romford, RM7 9QD, a Leasehold flat which sold for £370,000 in Mar 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Romford, RM7 has a total of 479 addresses. According to our analysis of all the public data, Flat 4, Stratsmore House 79, Romford is the 396th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in RM7.
Flat 4, Stratsmore House 79, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2022.
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, Stratsmore House 79, Romford is Romford station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Stratsmore House 79, Romford, 43.1% of property is privately owned with a mortgage and 40.7% is privately 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, Stratsmore House 79, Romford, 9.2% of residents are recorded as possessing school level qualifications and 50.0% 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, Stratsmore House 79, 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, Stratsmore House 79, Romford, 1.0% 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, Stratsmore House 79, 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.