According to the public record, Flat 9, Chapel Court 4, Romford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 684 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Chapel Court, Crown Drive, Romford, RM7.
Crown Drive, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 9, Chapel Court 4, Romford has 2 entries in the Land Registry database, most recently in November 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 9 Chapel Court 4 Romford as £294,637 and the rental value as £1,460 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 9 Chapel Court 4 Romford has decreased by £3,805 (1.3%) and its rental value has increased by £61 per month (4.2%).
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 9, Chapel Court 4, Romford is in very good condition we estimate a sale value of £309,368 and rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,012 and a rental value of £1,358 per month.
If you were able to purchase this property for the estimated value of £294,637, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,448 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 9, Chapel Court 4, Romford was last sold on 15 Nov 2018 for £290,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Chapel Court 4, Romford within a radius of 460 metres over the last 2 years.
The most recent example is Flat 36, Chapel Court 4, Crown Drive, Romford, RM7 0FT, a Leasehold flat which sold for £270,000 in Feb 2024.
Read more about house prices in RM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crown Drive, Romford, RM7 has a total of 180 addresses. According to our analysis of all the public data, Flat 9, Chapel Court 4, Romford is the 113th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in RM7.
The closest station to Flat 9, Chapel Court 4, 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 9, Chapel Court 4, Romford, 43.7% of property is privately rented and 35.0% is privately owned outright.
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 9, Chapel Court 4, Romford, 11.1% of residents are recorded as possessing school level qualifications and 35.4% 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 9, Chapel Court 4, Romford, the average age was 35.1 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 9, Chapel Court 4, 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 9, Chapel Court 4, Romford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.