According to the public record, Flat 5, Hawthorne House 77, Romford is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hawthorne House, Gooshays Gardens, Romford, RM3.
Gooshays Gardens, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
Flat 5, Hawthorne House 77, Romford has 2 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated October 2021.
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 Hawthorne House 77 Romford as £247,643 and the rental value as £1,411 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 5 Hawthorne House 77 Romford has decreased by £2,256 (0.9%) and its rental value has increased by £70 per month (5.0%).
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, Hawthorne House 77, Romford is in very good condition we estimate a sale value of £260,025 and rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,308 and a rental value of £1,312 per month.
If you were able to purchase this property for the estimated value of £247,643, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,217 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, Hawthorne House 77, Romford was last sold on 22 Jul 2021 for £245,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Hawthorne House 77, Romford within a radius of 490 metres over the last 2 years.
The most recent example is Flat 11, Albermarle House 1, Bernwelle Avenue, Romford, RM3 9FA, a Leasehold flat which sold for £265,000 in Jan 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gooshays Gardens, Romford, RM3 has a total of 55 addresses. According to our analysis of all the public data, Flat 5, Hawthorne House 77, Romford is the 37th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in RM3.
Flat 5, Hawthorne House 77, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Oct 2021.
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 5, Hawthorne House 77, Romford is Harold Wood station which is 1.5 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, Hawthorne House 77, Romford, 32.9% of property is socially rented and 30.0% 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 5, Hawthorne House 77, Romford, 25.1% of residents are recorded as possessing school level qualifications and 35.3% 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, Hawthorne House 77, Romford, the average age was 33.9 and the most common age was 7.
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, Hawthorne House 77, 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 5, Hawthorne House 77, 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.