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According to the public record, 52, Palm Road, Romford is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 52, Palm Road, Romford is £233,655 and the estimated rental value is £1,218 per month.
Palm Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
52, Palm Road, Romford has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 52, Palm Road, Romford is in very good condition we estimate a sale value of £245,338 and a rental value of £1,279 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,299 and a rental value of £1,132 per month.
Over the last 12 months the sale value of 52 Palm Road Romford has increased by an estimated £3,697 (1.6%) and its rental value has increased by an estimated £31 per month (2.5%), giving an expected gross yield of 6.3%.
52, Palm Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 52, Palm Road, Romford was last sold on 4th August 2016 for £200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2016, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52, Palm Road, Romford within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 8, Neave Rose Court 103-105, Mawney Road, Romford, RM7 7JA, a leasehold flat which sold for £240,000 on the 4th October 2024.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palm Road, Romford, RM7 has a total of 51 addresses. According to our analysis of all the public data, 52, Palm Road, Romford is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in RM7.
The nearest school is The Mawney Foundation School which is 416 metres away. The nearest train station is Romford which is 1.1 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.
