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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, 3, Elvet Avenue, Romford is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Elvet Avenue, Romford is £259,099 and the estimated rental value is £1,515 per month.
Elvet Avenue, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
3, Elvet Avenue, Romford has 31 entries in the Land Registry , most recently in October 2009 and a single entry in the EPC database dated February 2024.
We combine this information with that 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.
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 3, Elvet Avenue, Romford is in very good condition we estimate a sale value of £272,054 and a rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,962 and a rental value of £1,409 per month.
Over the last 12 months the sale value of 3 Elvet Avenue Romford has increased by an estimated £2,630 (1.0%) and its rental value has increased by an estimated £32 per month (2.1%), giving an expected gross yield of 7%.
3, Elvet Avenue, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Elvet Avenue, Romford was last sold on 22nd October 2009 for £143,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2009, the market for similar properties has risen 97.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Elvet Avenue, Romford within a radius of 470 metres over the last 2 years.
The most recent example is 23, Elizabeth House, Durham Avenue, Romford, RM2 6JU, a leasehold flat which sold for £214,000 on the 2nd February 2024.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elvet Avenue, Romford, RM2 has a total of 129 addresses. According to our analysis of all the public data, 3, Elvet Avenue, Romford is the 36th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £294k less expensive than the average property in RM2.
The nearest school is The Royal Liberty School which is 400 metres away. The nearest train station is Gidea Park which is 500 metres away.
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