According to the public record, Ground Floor, 867, Romford Road, London is a period apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 867, Romford Road, London, E12.
Romford Road, London, E12 is located in the borough of Newham within the E12 postal district.
Ground Floor, 867, Romford Road, London has no records in the Land Registry database and a single entry in the EPC database dated September 2024.
We combine this information with public data 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 Ground Floor 867 Romford Road London as £238,159 and the rental value as £1,474 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Ground Floor 867 Romford Road London has increased by £2,845 (1.2%) and its rental value has increased by £56 per month (3.8%).
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 Ground Floor, 867, Romford Road, London is in very good condition we estimate a sale value of £250,067 and rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,488 and a rental value of £1,370 per month.
If you were able to purchase this property for the estimated value of £238,159, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,170 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor, 867, Romford Road, London within a radius of 400 metres over the last 2 years.
The most recent example is 878A, Romford Road, London, E12 5JP, a Leasehold flat which sold for £210,000 in Feb 2023.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E12 has a total of 521 addresses. According to our analysis of all the public data, Ground Floor, 867, Romford Road, London is the 275th largest and the 316th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in E12.
The closest station to Ground Floor, 867, Romford Road, London is Manor Park 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 Ground Floor, 867, Romford Road, London, 66.7% of property is privately rented and 14.3% 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 Ground Floor, 867, Romford Road, London, 40.4% of residents are recorded as possessing school level qualifications and 31.8% 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 Ground Floor, 867, Romford Road, London, the average age was 33.8 and the most common age was 37.
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 Ground Floor, 867, Romford Road, London, 1.1% 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 Ground Floor, 867, Romford Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.