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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Barkwood Close, Romford is £211,630 and the estimated rental value is £1,195 per month.
Barkwood Close, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
9, Barkwood Close, Romford has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated November 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 9, Barkwood Close, Romford is in very good condition we estimate a sale value of £222,212 and a rental value of £1,255 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,816 and a rental value of £1,111 per month.
Over the last 12 months the sale value of 9 Barkwood Close Romford has increased by an estimated £3,599 (1.7%) and its rental value has increased by an estimated £49 per month (4.1%), giving an expected gross yield of 6.8%.
9, Barkwood Close, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Nov 2021.
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, 9, Barkwood Close, Romford was last sold on 23rd February 2018 for £167,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Barkwood Close, Romford within a radius of 430 metres over the last 2 years.
The most recent example is 21, Holland Close, Romford, RM7 7RN, a leasehold flat which sold for £210,000 on the 10th April 2024.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barkwood Close, Romford, RM7 has a total of 16 addresses. According to our analysis of all the public data, 9, Barkwood Close, Romford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in RM7.
The nearest school is The Mawney Foundation School which is 300 metres away. The nearest train station is Romford which is 1.0 kilometres away.
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