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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 7, Romside Place, Romford is £298,438 and the estimated rental value is £1,572 per month.
Romside Place, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
7, Romside Place, Romford has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Romside Place, Romford is in very good condition we estimate a sale value of £313,360 and a rental value of £1,651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,548 and a rental value of £1,462 per month.
Over the last 12 months the sale value of 7 Romside Place Romford has increased by an estimated £6,306 (2.1%) and its rental value has increased by an estimated £45 per month (2.9%), giving an expected gross yield of 6.3%.
7, Romside Place, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Romside Place, Romford was last sold on 31st March 2021 for £270,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2021, the market for similar properties has risen 24.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Romside Place, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 23, Calder Court, Riverside Close, Romford, RM1 1EN, a leasehold flat which sold for £265,000 on the 24th June 2024.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romside Place, Romford, RM7 has a total of 33 addresses. According to our analysis of all the public data, 7, Romside Place, Romford is the largest and the most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in RM7.
The nearest school is The Mawney Foundation School which is 313 metres away. The nearest train station is Romford which is 900 metres away.
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