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According to the public record, 5, Balgores Crescent, Romford is a early-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Balgores Crescent, Romford is £172,176 and the estimated rental value is £1,011 per month.
The apartment is within 5, Balgores Crescent, Romford, RM2.
Balgores Crescent, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
5, Balgores Crescent, Romford has a single entry in the Land Registry from June 2010 and a single entry in the EPC database dated September 2022.
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 5, Balgores Crescent, Romford is in very good condition we estimate a sale value of £180,785 and a rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,124 and a rental value of £940 per month.
Over the last 12 months the sale value of 5 Balgores Crescent Romford has decreased by an estimated £79 (0.0%) and its rental value has increased by an estimated £10 per month (1.0%), giving an expected gross yield of 7%.
5, Balgores Crescent, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Balgores Crescent, Romford was last sold on 10th June 2010 for £149,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2010, the market for similar properties has risen 70.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Balgores Crescent, Romford within a radius of 670 metres over the last 2 years.
The most recent example is 5A, Balgores Crescent, Romford, RM2 6AB, a leasehold flat which sold for £174,000 on the 8th March 2023.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balgores Crescent, Romford, RM2 has a total of 20 addresses. According to our analysis of all the public data, 5, Balgores Crescent, Romford is the 18th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £381k less expensive than the average property in RM2.
The nearest school is Gidea Park Primary School which is 600 metres away. The nearest train station is Gidea Park which is 500 metres away.
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