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According to the public record, 188A, Main Road, Romford is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 188A, Main Road, Romford is £316,220 and the estimated rental value is £1,520 per month.
The apartment is within 188, Main Road, Romford, RM2.
Main Road, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
188A, Main Road, Romford has 41 entries in the Land Registry , most recently in June 2014 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 188A, Main Road, Romford is in very good condition we estimate a sale value of £332,031 and a rental value of £1,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,085 and a rental value of £1,413 per month.
Over the last 12 months the sale value of 188A Main Road Romford has decreased by an estimated £146 (0.0%) and its rental value has increased by an estimated £15 per month (1.0%), giving an expected gross yield of 5.8%.
188A, Main Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 188A, Main Road, Romford was last sold on 12th June 2014 for £211,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2014, the market for similar properties has risen 52.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 188A, Main Road, Romford within a radius of 700 metres over the last 2 years.
The most recent example is Apartment 4, Kingswood Lodge 63, Main Road, Romford, RM2 5EH, a leasehold flat which sold for £285,000 on the 1st February 2024.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Road, Romford, RM2 has a total of 375 addresses. According to our analysis of all the public data, 188A, Main Road, Romford is the 292nd largest and the 202nd most expensive property on the street.
When compared to the postcode district it is £237k less expensive than the average property in RM2.
The nearest school is Gidea Park Primary School which is 600 metres away. The nearest train station is Gidea Park which is 600 metres away.
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