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According to the public record, 518A, Romford Road is a period apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 518A, Romford Road is £308,357 and the estimated rental value is £1,938 per month.
Romford Road, London, E7 is located in the borough of Newham within the E7 postal district.
518A, Romford Road has no records in the the Land Registry and a single entry in the EPC database dated September 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 518A, Romford Road is in very good condition we estimate a sale value of £323,775 and a rental value of £2,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,772 and a rental value of £1,802 per month.
Over the last 12 months the sale value of 518A Romford Road has decreased by an estimated £10,003 (3.2%) and its rental value has increased by an estimated £36 per month (1.9%), giving an expected gross yield of 7.5%.
518A, Romford Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 518A, Romford Road within a radius of 390 metres over the last 2 years.
The most recent example is Flat 33, The Lumiere Building 544, Romford Road, London, E7 8AY, a leasehold flat which sold for £285,000 on the 22nd July 2024.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E7 has a total of 861 addresses. According to our analysis of all the public data, 518A, Romford Road is the 180th largest and the 292nd most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in E7.
The nearest school is Monega Primary School which is 400 metres away. The nearest train station is Woodgrange Park which is 200 metres away.
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