According to the public record, Flat 6, Hillcrest Court, Romford is a modern leasehold apartment with 459 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Hillcrest Court, Horndon Road, Romford, RM5.
Horndon Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
Flat 6, Hillcrest Court, Romford has 51 entries in the Land Registry database, most recently in November 2012 and a single entry in the EPC database dated August 2009.
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 6 Hillcrest Court Romford as £204,186 and the rental value as £1,148 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 6 Hillcrest Court Romford has decreased by £2,202 (1.1%) and its rental value has increased by £68 per month (5.9%).
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, Hillcrest Court, Romford is in very good condition we estimate a sale value of £214,395 and rental value of £1,205 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,893 and a rental value of £1,067 per month.
If you were able to purchase this property for the estimated value of £204,186, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,004 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, Hillcrest Court, Romford was last sold on 16 Nov 2012 for £130,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2012, the market for similar properties has risen 72.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Hillcrest Court, Romford within a radius of 520 metres over the last 2 years.
The most recent example is Flat 1, Hillcrest Court, Horndon Road, Romford, RM5 3HB, a Leasehold flat which sold for £280,000 in Mar 2018.
Read more about house prices in RM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horndon Road, Romford, RM5 has a total of 72 addresses. According to our analysis of all the public data, Flat 6, Hillcrest Court, Romford is the 69th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in RM5.
Flat 6, Hillcrest Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 6, Hillcrest Court, Romford is Romford station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, Hillcrest Court, Romford, 40.8% of property is privately owned outright and 32.3% 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 6, Hillcrest Court, Romford, 17.4% of residents are recorded as possessing school level qualifications and 24.4% 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, Hillcrest Court, 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, Hillcrest Court, 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 6, Hillcrest Court, Romford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.