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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 567B, Romford Road is £265,405 and the estimated rental value is £1,849 per month.
The apartment is within 567, Romford Road, London, E7.
Romford Road, London, E7 is located in the borough of Newham within the E7 postal district.
567B, Romford Road has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data 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 567B, Romford Road is in very good condition we estimate a sale value of £278,675 and a rental value of £1,942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,827 and a rental value of £1,720 per month.
Over the last 12 months the sale value of 567B Romford Road has decreased by an estimated £1,682 (0.6%) and its rental value has increased by an estimated £71 per month (3.9%), giving an expected gross yield of 8.4%.
567B, Romford Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2023.
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 567B, Romford Road within a radius of 390 metres over the last 2 years.
The most recent example is 11, Tenbury Close, London, E7 8AX, a leasehold flat which sold for £295,000 on the 31st October 2023.
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, 567B, Romford Road is the 522nd largest and the 575th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in E7.
The nearest school is Monega Primary School which is 408 metres away. The nearest train station is Woodgrange Park which is 200 metres away.
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