According to the public record, Flat 8, Logan Court, Romford is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Logan Court, Logan Mews, Romford, RM1.
Logan Mews, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 8, Logan Court, Romford has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated April 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 8 Logan Court Romford as £178,968 and the rental value as £1,054 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 8 Logan Court Romford has decreased by £827 (0.5%) and its rental value has increased by £57 per month (5.4%).
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 8, Logan Court, Romford is in very good condition we estimate a sale value of £187,916 and rental value of £1,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,440 and a rental value of £981 per month.
If you were able to purchase this property for the estimated value of £178,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £880 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 8, Logan Court, Romford was last sold on 19 Mar 2007 for £111,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 50.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Logan Court, Romford within a radius of 470 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.
Logan Mews, Romford, RM1 has a total of 44 addresses. According to our analysis of all the public data, Flat 8, Logan Court, Romford is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in RM1.
Flat 8, Logan Court, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 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 8, Logan 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 8, Logan Court, Romford, 50.0% of property is privately rented and 29.1% 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 8, Logan Court, Romford, 19.4% of residents are recorded as possessing school level qualifications and 38.5% 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 8, Logan 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 8, Logan Court, Romford, 0.7% 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 8, Logan 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.