According to the public record, Flat 7, Amber Court, Romford is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Amber Court, High Street, Romford, RM1.
High Street, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 7, Amber Court, Romford has 61 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated June 2014.
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 7 Amber Court Romford as £205,536 and the rental value as £1,096 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 7 Amber Court Romford has decreased by £5,765 (2.8%) and its rental value has increased by £34 per month (3.1%).
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 7, Amber Court, Romford is in very good condition we estimate a sale value of £215,812 and rental value of £1,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,148 and a rental value of £1,020 per month.
If you were able to purchase this property for the estimated value of £205,536, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,010 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 7, Amber Court, Romford was last sold on 23 Mar 2022 for £210,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Amber Court, Romford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 2, The Gatehouse, High Street, Romford, RM1 1AN, a Leasehold flat which sold for £233,000 in Oct 2023.
Read more about house prices in RM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Romford, RM1 has a total of 107 addresses. According to our analysis of all the public data, Flat 7, Amber Court, Romford is the 94th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in RM1.
Flat 7, Amber Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2014.
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 7, Amber Court, Romford is Romford station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Amber Court, Romford, 62.0% of property is privately rented and 19.0% 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 7, Amber Court, Romford, 23.8% of residents are recorded as possessing school level qualifications and 46.5% 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 7, Amber Court, Romford, the average age was 37 and the most common age was 32.
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 7, Amber Court, Romford, 1.7% 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 7, Amber Court, Romford, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.