According to the public record, Flat 4, Taz House 92, Romford is a modern leasehold apartment with 361 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Taz House, The Drive, Collier Row, Romford, RM5.
The Drive, Collier Row, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
Flat 4, Taz House 92, Romford has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated June 2009.
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 Taz House 92 Romford as £146,812 and the rental value as £882 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 4 Taz House 92 Romford has decreased by £1,657 (1.1%) and its rental value has increased by £52 per month (5.9%).
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, Taz House 92, Romford is in very good condition we estimate a sale value of £154,153 and rental value of £926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,535 and a rental value of £820 per month.
If you were able to purchase this property for the estimated value of £146,812, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £722 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, Taz House 92, Romford was last sold on 11 Jun 2010 for £121,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 71.7%
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, Taz House 92, Romford over the last 2 years.
The most recent example is Flat 1, Taz House 92, The Drive, Romford, RM5 3UH, a Leasehold flat which sold for £200,000 in Jun 2021.
Read more about house prices in RM5.
The Drive, Collier Row, Romford, RM5 has a total of 115 addresses. According to our analysis of all the public data, Flat 4, Taz House 92, Romford is the 115th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in RM5.
Flat 4, Taz House 92, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jun 2009.
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, Taz House 92, Romford is Romford station which is 2.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Taz House 92, Romford, 39.3% of property is privately owned with a mortgage and 30.7% is privately owned outright.
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, Taz House 92, Romford, 25.9% of residents are recorded as possessing school level qualifications and 26.4% 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, Taz House 92, 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, Taz House 92, 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, Taz House 92, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.