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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, 2, Frazer Close, Romford is a modern leasehold apartment with 312 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 2, Frazer Close, Romford is £178,043 and the estimated rental value is £1,012 per month.
Frazer Close, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
2, Frazer Close, Romford has 61 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 2, Frazer Close, Romford is in very good condition we estimate a sale value of £186,945 and a rental value of £1,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,580 and a rental value of £942 per month.
Over the last 12 months the sale value of 2 Frazer Close Romford has increased by an estimated £5,651 (3.2%) and its rental value has increased by an estimated £39 per month (3.9%), giving an expected gross yield of 6.8%.
2, Frazer Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Frazer Close, Romford was last sold on 22nd October 2020 for £110,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since October 2020, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Frazer Close, Romford within a radius of 500 metres over the last 2 years.
The most recent example is 3, Frazer Close, Romford, RM1 2DF, a leasehold flat which sold for £176,000 on the 18th December 2024.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Frazer Close, Romford, RM1 has a total of 116 addresses. According to our analysis of all the public data, 2, Frazer Close, Romford is the 116th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in RM1.
The closest station to 2, Frazer Close, Romford is Romford station which is 0 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 2, Frazer Close, Romford, 48.9% of property is privately rented and 24.4% 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 2, Frazer Close, Romford, 10.7% of residents are recorded as possessing school level qualifications and 23.7% 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 2, Frazer Close, Romford, the average age was 36.6 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 2, Frazer Close, 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 2, Frazer Close, 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.
