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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, 9, Matthews Close, Romford is a mid-century leasehold apartment with 290 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Matthews Close, Romford is £165,138 and the estimated rental value is £953 per month.
Matthews Close, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
9, Matthews Close, Romford has 2 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated September 2018.
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, Matthews Close, Romford is in very good condition we estimate a sale value of £173,395 and a rental value of £1,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,579 and a rental value of £886 per month.
Over the last 12 months the sale value of 9 Matthews Close Romford has increased by an estimated £6,297 (3.8%) and its rental value has increased by an estimated £40 per month (4.2%), giving an expected gross yield of 6.9%.
9, Matthews Close, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Sep 2018.
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, Matthews Close, Romford was last sold on 14th October 2015 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2015, the market for similar properties has dropped 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Matthews Close, Romford within a radius of 490 metres over the last 2 years.
The most recent example is 20, Matthews Close, Romford, RM3 0DN, a leasehold flat which sold for £155,000 on the 30th September 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Matthews Close, Romford, RM3 has a total of 19 addresses. According to our analysis of all the public data, 9, Matthews Close, Romford is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £223k less expensive than the average property in RM3.
The nearest school is Redden Court School which is 623 metres away. The nearest train station is Harold Wood which is 100 metres away.
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