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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 11, Matthews Close, Romford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 492 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Matthews Close, Romford is £221,860 and the estimated rental value is £1,272 per month.
Matthews Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
11, Matthews Close, Romford has 2 entries in the Land Registry , most recently in April 2011 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.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 11, Matthews Close, Romford is in very good condition we estimate a sale value of £232,953 and a rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,330 and a rental value of £1,183 per month.
Over the last 12 months the sale value of 11 Matthews Close Romford has increased by an estimated £8,405 (3.8%) and its rental value has increased by an estimated £45 per month (3.5%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 11, Matthews Close, Romford was last sold on 21st April 2011 for £83,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2011, the market for similar properties has risen 63.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Matthews Close, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 7, Holdbrook Way, Romford, RM3 0JD, a leasehold flat which sold for £195,000 on the 9th September 2022.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Matthews Close, Romford, RM3 has a total of 19 addresses. According to our analysis of all the public data, 11, Matthews Close, Romford is the 3rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in RM3.
The nearest school is Redden Court School which is 623 metres away. The nearest train station is Harold Wood which is 100 metres away.
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