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According to the public record, 856B, Romford Road is a period leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 856B, Romford Road is £256,436 and the estimated rental value is £1,695 per month.
The apartment is within 856, Romford Road, London, E12.
Romford Road, London, E12 is located in the borough of Newham within the E12 postal district.
856B, Romford Road has 31 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated October 2020.
We combine this information with that 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 856B, Romford Road is in very good condition we estimate a sale value of £269,258 and a rental value of £1,779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,486 and a rental value of £1,576 per month.
Over the last 12 months the sale value of 856B Romford Road has increased by an estimated £3 (0.0%) and its rental value has increased by an estimated £66 per month (3.9%), giving an expected gross yield of 7.9%.
856B, Romford Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 856B, Romford Road was last sold on 24th March 2016 for £180,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2016, the market for similar properties has risen 41.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 856B, Romford Road within a radius of 360 metres over the last 2 years.
The most recent example is 937, Romford Road, London, E12 5JR, a leasehold flat which sold for £450,000 on the 22nd August 2024.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E12 has a total of 523 addresses. According to our analysis of all the public data, 856B, Romford Road is the 111th largest and the 313th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in E12.
The closest station to 856B, Romford Road is Ilford station which is 800 metres away.
According to recent data from Ofcom, standard broadband is available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 856B, Romford Road, 41.4% of property is privately rented and 30.0% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 856B, Romford Road, 28.9% of residents are recorded as possessing school level qualifications and 26.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 856B, Romford Road, the average age was 32.4 and the most common age was 12.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 856B, Romford Road, 0.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 856B, Romford Road, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.