According to the public record, Flat 47, Rosewood Court, Romford is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Rosewood Court, Chadwell Heath Lane, Romford, RM6.
Chadwell Heath Lane, Romford, RM6 is located in the borough of Redbridge within the RM6 postal district.
Flat 47, Rosewood Court, Romford has 31 entries in the Land Registry database, most recently in January 2016 and a single entry in the EPC database dated January 2015.
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 47 Rosewood Court Romford as £159,508 and the rental value as £1,050 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 47 Rosewood Court Romford has increased by £1,335 (0.8%) and its rental value has increased by £59 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 47, Rosewood Court, Romford is in very good condition we estimate a sale value of £167,484 and rental value of £1,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,343 and a rental value of £976 per month.
If you were able to purchase this property for the estimated value of £159,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £784 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 47, Rosewood Court, Romford was last sold on 06 Jan 2016 for £110,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2016, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 47, Rosewood Court, Romford within a radius of 520 metres over the last 2 years.
The most recent example is Flat 18, Rosewood Court, Chadwell Heath Lane, Romford, RM6 4YJ, a Leasehold flat which sold for £175,000 in Jun 2024.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chadwell Heath Lane, Romford, RM6 has a total of 308 addresses. According to our analysis of all the public data, Flat 47, Rosewood Court, Romford is the 297th largest and the 307th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in RM6.
Flat 47, Rosewood Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 47, Rosewood Court, Romford is Chadwell Heath station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 47, Rosewood Court, Romford, 50.4% of property is privately owned outright and 34.3% 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 47, Rosewood Court, Romford, 25.7% of residents are recorded as possessing school level qualifications and 35.9% 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 47, Rosewood Court, Romford, the average age was 40.6 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 47, Rosewood Court, 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 47, Rosewood Court, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.