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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 16E, Colchester Road, Romford is a period leasehold apartment with 548 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 16E, Colchester Road, Romford is £264,633 and the estimated rental value is £1,368 per month.
The apartment is within 16, Colchester Road, Romford, RM3.
Colchester Road, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
16E, Colchester Road, Romford has 3 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 16E, Colchester Road, Romford is in very good condition we estimate a sale value of £277,864 and a rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,108 and a rental value of £1,272 per month.
Over the last 12 months the sale value of 16E Colchester Road Romford has increased by an estimated £1,872 (0.7%) and its rental value has increased by an estimated £26 per month (1.9%), giving an expected gross yield of 6.2%.
16E, Colchester Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Oct 2018.
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, 16E, Colchester Road, Romford was last sold on 31st July 2024 for £245,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2024, the market for similar properties has dropped 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16E, Colchester Road, Romford within a radius of 530 metres over the last 2 years.
The most recent example is 18, Avenue Close, Romford, RM3 0SX, a leasehold flat which sold for £305,000 on the 18th December 2023.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colchester Road, Romford, RM3 has a total of 55 addresses. According to our analysis of all the public data, 16E, Colchester Road, Romford is the 49th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in RM3.
The nearest school is Harold Court Primary School which is 400 metres away. The nearest train station is Harold Wood which is 700 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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