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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 20, Stephens Close, Romford is £136,098 and the estimated rental value is £900 per month.
Stephens Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
20, Stephens Close, Romford has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated January 2020.
We combine this information with that 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 20, Stephens Close, Romford is in very good condition we estimate a sale value of £142,903 and a rental value of £945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,571 and a rental value of £837 per month.
Over the last 12 months the sale value of 20 Stephens Close Romford has increased by an estimated £5,189 (3.8%) and its rental value has increased by an estimated £38 per month (4.2%), giving an expected gross yield of 7.9%.
20, Stephens Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2020.
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, 20, Stephens Close, Romford was last sold on 11th March 2022 for £130,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has dropped 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Stephens Close, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 16, Stephens Close, Romford, RM3 7RS, a leasehold flat which sold for £135,000 on the 29th October 2021.
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, 20, Stephens Close, Romford is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £252k 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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