According to the public record, Flat 84, Enterprise House 149-151, Romford is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Enterprise House, High Road, Chadwell Heath, Romford, RM6.
High Road, Chadwell Heath, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
Flat 84, Enterprise House 149-151, Romford has a single entry in the Land Registry database from January 2018 and a single entry in the EPC database dated November 2017.
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 84 Enterprise House 149-151 Romford as £234,987 and the rental value as £1,349 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 84 Enterprise House 149-151 Romford has increased by £651 (0.3%) and its rental value has increased by £69 per month (5.1%).
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 84, Enterprise House 149-151, Romford is in very good condition we estimate a sale value of £246,737 and rental value of £1,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,538 and a rental value of £1,255 per month.
If you were able to purchase this property for the estimated value of £234,987, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,155 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 84, Enterprise House 149-151, Romford was last sold on 18 Jan 2018 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 84, Enterprise House 149-151, Romford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 1, Enterprise House 149-151, High Road, Romford, RM6 6DL, a Leasehold flat which sold for £160,000 in Oct 2018.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Chadwell Heath, Romford, RM6 has a total of 176 addresses. According to our analysis of all the public data, Flat 84, Enterprise House 149-151, Romford is the 127th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in RM6.
Flat 84, Enterprise House 149-151, Romford has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 06 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 84, Enterprise House 149-151, Romford is Chadwell Heath station which is 600 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 84, Enterprise House 149-151, Romford, 43.6% of property is privately rented and 27.8% 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 84, Enterprise House 149-151, Romford, 22.8% of residents are recorded as possessing school level qualifications and 35.9% 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 84, Enterprise House 149-151, Romford, the average age was 35.3 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 84, Enterprise House 149-151, Romford, 0.2% 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 84, Enterprise House 149-151, Romford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.