According to the public record, Flat 7, Periwinkle Court 57, Romford is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Periwinkle Court, St. Clements Avenue, Romford, RM3.
St. Clements Avenue, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
Flat 7, Periwinkle Court 57, Romford has 2 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated May 2015.
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 Periwinkle Court 57 Romford as £324,925 and the rental value as £1,520 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 7 Periwinkle Court 57 Romford has decreased by £2,549 (0.8%) and its rental value has increased by £78 per month (5.2%).
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, Periwinkle Court 57, Romford is in very good condition we estimate a sale value of £341,171 and rental value of £1,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,180 and a rental value of £1,414 per month.
If you were able to purchase this property for the estimated value of £324,925, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,597 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, Periwinkle Court 57, Romford was last sold on 25 Sep 2020 for £335,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Periwinkle Court 57, Romford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 10, Violet Court, Larch Place, Romford, RM3 0JL, a Leasehold flat which sold for £346,500 in Sep 2023.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Clements Avenue, Romford, RM3 has a total of 192 addresses. According to our analysis of all the public data, Flat 7, Periwinkle Court 57, Romford is the 133rd largest and the 147th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in RM3.
Flat 7, Periwinkle Court 57, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 May 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 7, Periwinkle Court 57, Romford is Harold Wood station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Periwinkle Court 57, Romford, 34.8% of property is privately owned with a mortgage and 33.1% is privately 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 7, Periwinkle Court 57, Romford, 12.9% of residents are recorded as possessing school level qualifications and 33.3% 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, Periwinkle Court 57, Romford, the average age was 40.7 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, Periwinkle Court 57, 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 7, Periwinkle Court 57, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.