According to the public record, Flat 6, Westminster Court 5, Romford is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Westminster Court, Hyde Close, Romford, RM1.
Hyde Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 6, Westminster Court 5, Romford has 2 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated March 2018.
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 Westminster Court 5 Romford as £285,523 and the rental value as £1,530 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 6 Westminster Court 5 Romford has decreased by £2,847 (1.0%) and its rental value has increased by £92 per month (6.0%).
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 6, Westminster Court 5, Romford is in very good condition we estimate a sale value of £299,799 and rental value of £1,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,536 and a rental value of £1,423 per month.
If you were able to purchase this property for the estimated value of £285,523, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,403 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, Westminster Court 5, Romford was last sold on 20 Jun 2018 for £247,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2018, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Westminster Court 5, Romford within a radius of 580 metres over the last 2 years.
The most recent example is Flat 4, Kensington Court 3, Hyde Close, Romford, RM1 4WE, a Leasehold flat which sold for £290,000 in Jan 2024.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hyde Close, Romford, RM1 has a total of 66 addresses. According to our analysis of all the public data, Flat 6, Westminster Court 5, Romford is the 37th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in RM1.
Flat 6, Westminster Court 5, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2018.
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, Westminster Court 5, Romford is Gidea Park station which is 3.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, Westminster Court 5, Romford, 37.2% of property is privately owned with a mortgage and 27.9% 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 6, Westminster Court 5, Romford, 26.9% of residents are recorded as possessing school level qualifications and 39.9% 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, Westminster Court 5, Romford, the average age was 38.8 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 6, Westminster Court 5, 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, Westminster Court 5, 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.