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Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Stephens Close, Romford is £133,344 and the estimated rental value is £881 per month.
Stephens Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
18, Stephens Close, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 18, Stephens Close, Romford is in very good condition we estimate a sale value of £140,011 and a rental value of £925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,010 and a rental value of £820 per month.
Over the last 12 months the sale value of 18 Stephens Close Romford has increased by an estimated £5,084 (3.8%) and its rental value has increased by an estimated £37 per month (4.2%), giving an expected gross yield of 7.9%.
18, Stephens Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 18, Stephens Close, Romford was last sold on 31st July 2002 for £62,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Stephens Close, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 20, Stephens Close, Romford, RM3 7RS, a leasehold flat which sold for £130,000 on the 11th March 2022.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stephens Close, Romford, RM3 has a total of 35 addresses. According to our analysis of all the public data, 18, Stephens Close, Romford is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in RM3.
The nearest school is St Ursula's Catholic Primary School which is 544 metres away. The nearest train station is Harold Wood which is 2.3 kilometres away.
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