According to the public record, Flat 5, Woodside Court 215, Romford is a modern leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Woodside Court, Marlborough Road, Romford, RM7.
Marlborough Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 5, Woodside Court 215, Romford has 3 entries in the Land Registry database, most recently in September 2015 and a single entry in the EPC database dated September 2022.
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 Woodside Court 215 Romford as £335,960 and the rental value as £1,799 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 5 Woodside Court 215 Romford has decreased by £3,334 (1.0%) and its rental value has increased by £87 per month (4.8%).
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, Woodside Court 215, Romford is in very good condition we estimate a sale value of £352,758 and rental value of £1,889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,443 and a rental value of £1,673 per month.
If you were able to purchase this property for the estimated value of £335,960, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,651 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, Woodside Court 215, Romford was last sold on 25 Sep 2015 for £320,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2015, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 5, Woodside Court 215, Romford within a radius of 920 metres over the last 2 years.
The most recent example is 48, Mawney Close, Romford, RM7 8EJ, a Leasehold flat which sold for £186,000 in Oct 2014.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marlborough Road, Romford, RM7 has a total of 218 addresses. According to our analysis of all the public data, Flat 5, Woodside Court 215, Romford is the 72nd largest and the 185th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in RM7.
Flat 5, Woodside Court 215, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 5, Woodside Court 215, Romford is Romford station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Woodside Court 215, Romford, 26.9% of property is privately owned outright and 26.9% 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, Woodside Court 215, Romford, 21.0% of residents are recorded as possessing school level qualifications and 29.2% 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, Woodside Court 215, Romford, the average age was 38.3 and the most common age was 37.
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, Woodside Court 215, Romford, 0.7% 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, Woodside Court 215, Romford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.