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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Royle Close, Romford is £258,822 and the estimated rental value is £1,473 per month.
Royle Close, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
4, Royle Close, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2018.
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 4, Royle Close, Romford is in very good condition we estimate a sale value of £271,763 and a rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,705 and a rental value of £1,370 per month.
Over the last 12 months the sale value of 4 Royle Close Romford has increased by an estimated £4,982 (1.9%) and its rental value has increased by an estimated £38 per month (2.6%), giving an expected gross yield of 6.8%.
4, Royle Close, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2018.
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, 4, Royle Close, Romford was last sold on 8th August 2003 for £129,000 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 4, Royle Close, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 6, Royle Close, Romford, RM2 5PS, a leasehold flat which sold for £295,000 on the 30th March 2023.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royle Close, Romford, RM2 has a total of 36 addresses. According to our analysis of all the public data, 4, Royle Close, Romford is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £300k less expensive than the average property in RM2.
The nearest school is The Frances Bardsley Academy for Girls which is 276 metres away. The nearest train station is Gidea Park which is 800 metres away.
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