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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, 7, Holdbrook Way, Romford is a modern leasehold apartment with 495 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 7, Holdbrook Way, Romford is £233,525 and the estimated rental value is £1,257 per month.
Holdbrook Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
7, Holdbrook Way, Romford has 51 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Holdbrook Way, Romford is in very good condition we estimate a sale value of £245,202 and a rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,179 and a rental value of £1,169 per month.
Over the last 12 months the sale value of 7 Holdbrook Way Romford has increased by an estimated £8,847 (3.8%) and its rental value has increased by an estimated £44 per month (3.5%), giving an expected gross yield of 6.5%.
7, Holdbrook Way, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Sep 2020.
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, 7, Holdbrook Way, Romford was last sold on 9th September 2022 for £195,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since September 2022, the market for similar properties has dropped 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Holdbrook Way, Romford within a radius of 480 metres over the last 2 years.
The most recent example is 27, Holdbrook Way, Romford, RM3 0JD, a leasehold flat which sold for £215,000 on the 29th July 2022.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holdbrook Way, Romford, RM3 has a total of 40 addresses. According to our analysis of all the public data, 7, Holdbrook Way, Romford is the 31st largest and the 29th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in RM3.
The nearest school is Redden Court School which is 588 metres away. The nearest train station is Harold Wood which is 200 metres away.
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