According to the public record, Flat 6, 52, Hainault Road, Romford is a period leasehold apartment with 226 ft2 of internal area.
Apartments of this size in this area are normally studios with a balcony.
The apartment is in 52, Hainault Road, Romford, RM5.
Hainault Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
Flat 6, 52, Hainault Road, Romford has 2 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated June 2021.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 6 52 Hainault Road Romford as £131,231 and the rental value as £750 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 6 52 Hainault Road Romford has decreased by £2,995 (2.3%) and its rental value has increased by £30 per month (3.9%).
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 6, 52, Hainault Road, Romford is in very good condition we estimate a sale value of £137,793 and rental value of £788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,045 and a rental value of £698 per month.
If you were able to purchase this property for the estimated value of £131,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £645 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 6, 52, Hainault Road, Romford was last sold on 22 Feb 2023 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 540 metres radius of Flat 6, 52, Hainault Road, Romford over the last 2 years.
The most recent example is 54, Hainault Road, Romford, RM5 3AL, a Freehold house which sold for £462,000 in Jul 2022.
Read more about house prices in RM5.
Hainault Road, Romford, RM5 has a total of 159 addresses. According to our analysis of all the public data, Flat 6, 52, Hainault Road, Romford is the 159th largest and the 159th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in RM5.
Flat 6, 52, Hainault Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 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 6, 52, Hainault Road, Romford is Romford station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, 52, Hainault Road, Romford, 54.3% of property is privately owned with a mortgage and 29.3% is privately owned outright.
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 6, 52, Hainault Road, Romford, 19.2% of residents are recorded as possessing school level qualifications and 37.0% 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 6, 52, Hainault Road, Romford, the average age was 40.2 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 6, 52, Hainault Road, Romford, 1.3% 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 6, 52, Hainault Road, 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.