According to the public record, Flat 46, The Rotunda, Romford is a mid-century leasehold apartment with 544 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Rotunda, Yew Tree Gardens, Romford, RM7.
Yew Tree Gardens, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 46, The Rotunda, Romford has 41 entries in the Land Registry database, most recently in January 2019 and a single entry in the EPC database dated July 2011.
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 46 The Rotunda Romford as £220,351 and the rental value as £1,208 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 46 The Rotunda Romford has decreased by £422 (0.2%) and its rental value has increased by £69 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 46, The Rotunda, Romford is in very good condition we estimate a sale value of £231,368 and rental value of £1,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,926 and a rental value of £1,124 per month.
If you were able to purchase this property for the estimated value of £220,351, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,083 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 46, The Rotunda, Romford was last sold on 31 Jan 2019 for £197,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2019, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 46, The Rotunda, Romford within a radius of 450 metres over the last 2 years.
The most recent example is Flat 71, The Rotunda, Yew Tree Gardens, Romford, RM7 9RA, a Leasehold flat which sold for £240,000 in Jan 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Yew Tree Gardens, Romford, RM7 has a total of 87 addresses. According to our analysis of all the public data, Flat 46, The Rotunda, Romford is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in RM7.
Flat 46, The Rotunda, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2011.
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 46, The Rotunda, Romford is Romford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 46, The Rotunda, Romford, 72.1% of property is socially rented and 13.9% 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 46, The Rotunda, Romford, 5.4% of residents are recorded as possessing school level qualifications and 23.5% 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 46, The Rotunda, 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 46, The Rotunda, Romford, 1.4% 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 46, The Rotunda, Romford, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.