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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 355C, Romford Road is £277,302 and the estimated rental value is £1,384 per month.
The apartment is within 355, Romford Road, London, E7.
Romford Road, London, E7 is located in the borough of Newham within the E7 postal district.
355C, Romford Road has 3 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated July 2017.
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 355C, Romford Road is in very good condition we estimate a sale value of £291,167 and a rental value of £1,453 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,890 and a rental value of £1,287 per month.
Over the last 12 months the sale value of 355C Romford Road has decreased by an estimated £3,169 (1.1%) and its rental value has increased by an estimated £49 per month (3.5%), giving an expected gross yield of 6%.
355C, Romford Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2017.
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, 355C, Romford Road was last sold on 2nd September 2022 for £300,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2022, the market for similar properties has dropped 22.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 355C, Romford Road within a radius of 370 metres over the last 2 years.
The most recent example is 34A , Windsor Road, London, E7 0QX, a leasehold flat which sold for £250,000 on the 21st August 2014.
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, 355C, Romford Road is the 814th largest and the 534th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in E7.
The nearest school is Forest Gate Community School which is 443 metres away. The nearest train station is Forest Gate which is 400 metres away.
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