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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, 5, Veronica Close, Romford is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Veronica Close, Romford is £188,261 and the estimated rental value is £1,102 per month.
Veronica Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
5, Veronica Close, Romford has 3 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated January 2021.
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 5, Veronica Close, Romford is in very good condition we estimate a sale value of £197,674 and a rental value of £1,157 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,082 and a rental value of £1,025 per month.
Over the last 12 months the sale value of 5 Veronica Close Romford has increased by an estimated £7,132 (3.8%) and its rental value has increased by an estimated £39 per month (3.5%), giving an expected gross yield of 7%.
5, Veronica Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 5, Veronica Close, Romford was last sold on 20th December 2022 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2022, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Veronica Close, Romford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 11, Natasha Court, Mimosa Close, Romford, RM3 8GU, a leasehold flat which sold for £168,000 on the 31st July 2019.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veronica Close, Romford, RM3 has a total of 95 addresses. According to our analysis of all the public data, 5, Veronica Close, Romford is the 94th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in RM3.
The nearest school is Hilldene Primary School which is 490 metres away. The nearest train station is Harold Wood which is 1.6 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
