According to the public record, Flat 5, Albelia Court 13, Romford is a modern leasehold apartment with 595 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Albelia Court, Ingrebourne Avenue, Romford, RM3.
Ingrebourne Avenue, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
Flat 5, Albelia Court 13, Romford has 3 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated March 2008.
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 5 Albelia Court 13 Romford as £251,460 and the rental value as £1,387 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 5 Albelia Court 13 Romford has decreased by £6,436 (2.6%) and its rental value has increased by £46 per month (3.3%).
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 5, Albelia Court 13, Romford is in very good condition we estimate a sale value of £264,033 and rental value of £1,457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,858 and a rental value of £1,290 per month.
If you were able to purchase this property for the estimated value of £251,460, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,236 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 5, Albelia Court 13, Romford was last sold on 24 May 2019 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2019, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Albelia Court 13, Romford within a radius of 540 metres over the last 2 years.
The most recent example is Flat 6, Thyme Court 109, Whitchurch Road, Romford, RM3 9EG, a Leasehold flat which sold for £220,000 in Jan 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ingrebourne Avenue, Romford, RM3 has a total of 62 addresses. According to our analysis of all the public data, Flat 5, Albelia Court 13, Romford is the 34th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in RM3.
Flat 5, Albelia Court 13, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Mar 2008.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, Albelia Court 13, Romford is Harold Wood station which is 2.3 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 5, Albelia Court 13, Romford, 35.2% of property is privately owned with a mortgage and 23.3% is socially 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 5, Albelia Court 13, Romford, 25.6% of residents are recorded as possessing school level qualifications and 30.2% 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 5, Albelia Court 13, Romford, the average age was 38.4 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 5, Albelia Court 13, 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 5, Albelia Court 13, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.