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According to the public record, 8, Holland Close, Romford is a modern leasehold apartment with 398 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 8, Holland Close, Romford is £216,001 and the estimated rental value is £1,162 per month.
Holland Close, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
8, Holland Close, Romford has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated May 2016.
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 8, Holland Close, Romford is in very good condition we estimate a sale value of £226,801 and a rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,881 and a rental value of £1,081 per month.
Over the last 12 months the sale value of 8 Holland Close Romford has increased by an estimated £6,236 (2.9%) and its rental value has increased by an estimated £46 per month (3.9%), giving an expected gross yield of 6.5%.
8, Holland Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 8, Holland Close, Romford was last sold on 6th September 2022 for £225,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since September 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Holland Close, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 38, Holland Close, Romford, RM7 7RN, a leasehold flat which sold for £200,000 on the 18th March 2022.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holland Close, Romford, RM7 has a total of 40 addresses. According to our analysis of all the public data, 8, Holland Close, Romford is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in RM7.
The nearest school is Crowlands Primary School which is 475 metres away. The nearest train station is Romford which is 1.2 kilometres away.
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