According to the public record, Flat 48, Wellington House, Romford is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Wellington House, Kidman Close, Romford, RM2.
Kidman Close, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
Flat 48, Wellington House, Romford has 21 entries in the Land Registry database, most recently in March 2007 and a single entry in the EPC database dated October 2020.
We combine this information with that 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 48 Wellington House Romford as £202,572 and the rental value as £1,085 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 48 Wellington House Romford has increased by £219 (0.1%) and its rental value has increased by £67 per month (6.2%).
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 48, Wellington House, Romford is in very good condition we estimate a sale value of £212,700 and rental value of £1,139 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,392 and a rental value of £1,009 per month.
If you were able to purchase this property for the estimated value of £202,572, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £996 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 48, Wellington House, Romford was last sold on 09 Mar 2007 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 50.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 48, Wellington House, Romford within a radius of 480 metres over the last 2 years.
The most recent example is Flat 38, Wellington House, Kidman Close, Romford, RM2 6JD, a Leasehold flat which sold for £210,000 in Aug 2023.
Read more about house prices in RM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kidman Close, Romford, RM2 has a total of 165 addresses. According to our analysis of all the public data, Flat 48, Wellington House, Romford is the 155th largest and the 155th most expensive property on the street.
When compared to the postcode district it is £313k less expensive than the average property in RM2.
Flat 48, Wellington House, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Oct 2020.
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 48, Wellington House, Romford is Gidea Park station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 48, Wellington House, Romford, 41.6% of property is privately rented and 27.5% 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 48, Wellington House, Romford, 15.9% of residents are recorded as possessing school level qualifications and 40.2% 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 48, Wellington House, Romford, the average age was 42.3 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 48, Wellington House, Romford, 0.4% 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 48, Wellington House, 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.