According to the public record, Flat 7, Victorian Court 30, Romford is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Victorian Court, Mawney Road, Romford, RM7.
Mawney Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 7, Victorian Court 30, Romford has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated July 2022.
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 Victorian Court 30 Romford as £343,742 and the rental value as £1,625 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 7 Victorian Court 30 Romford has increased by £2,646 (0.8%) and its rental value has increased by £109 per month (6.7%).
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, Victorian Court 30, Romford is in very good condition we estimate a sale value of £360,929 and rental value of £1,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,680 and a rental value of £1,512 per month.
If you were able to purchase this property for the estimated value of £343,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,689 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, Victorian Court 30, Romford was last sold on 09 Jul 2012 for £173,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 60.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Victorian Court 30, Romford within a radius of 430 metres over the last 2 years.
The most recent example is Apartment 23, Rubicon Court 21-23, North Street, Romford, RM1 1BJ, a Leasehold flat which sold for £315,000 in Dec 2023.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mawney Road, Romford, RM7 has a total of 549 addresses. According to our analysis of all the public data, Flat 7, Victorian Court 30, Romford is the 320th largest and the 387th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in RM7.
Flat 7, Victorian Court 30, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jul 2022.
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, Victorian Court 30, Romford is Romford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Victorian Court 30, Romford, 37.4% of property is privately rented and 31.3% 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 7, Victorian Court 30, Romford, 17.3% of residents are recorded as possessing school level qualifications and 39.0% 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 7, Victorian Court 30, 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, Victorian Court 30, Romford, 1.2% 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, Victorian Court 30, 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.