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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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291, South Street, Romford is described in the public record as a mid-century apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 291, South Street, Romford is £214,920 and its rental estimate is £1,281 per month, given the available information and assuming reasonable condition.
South Street, Romford, RM1 falls within the RM1 postal district, in the borough of Havering.
291, South Street, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 291, South Street, Romford, we estimate a market value of £225,666 and a rental value of £1,345 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,876 and £1,191 per month respectively.
Over the last year, 291, South Street, Romford has seen its estimated sale value increase by £2,083 (1.0%) and its estimated rental value grow by £36 per month (2.8%). This results in an estimated gross rental yield of 7.2%.
291, South Street, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 291, South Street, Romford completed on 19th May 2003 at £93,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 291, South Street, Romford have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th July 2024, was 18, Frazer Close, Romford, RM1 2DF, a leasehold flat which sold for £205,000.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 683 addresses on South Street, Romford, RM1, 291, South Street, Romford comes out as the 462nd largest and the 474th most expensive in our analysis of the public data.
It is also £203k less expensive than the average property across the RM1 district.
From 291, South Street, Romford, the nearest station is Romford, 0 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 291, South Street, Romford, 58.2% of property is privately rented and 15.6% 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 291, South Street, Romford, 18.7% of residents are recorded as possessing school level qualifications and 26.3% 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 291, South Street, 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 291, South Street, 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 291, South Street, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
