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Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 5A, Clockhouse Lane, Romford is £268,605 and the estimated rental value is £1,343 per month.
The apartment is within 5A, Clockhouse Lane, Romford, RM5.
Clockhouse Lane, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
Flat 1, 5A, Clockhouse Lane, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 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 Flat 1, 5A, Clockhouse Lane, Romford is in very good condition we estimate a sale value of £282,035 and a rental value of £1,410 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,802 and a rental value of £1,249 per month.
Over the last 12 months the sale value of Flat 1 5A Clockhouse Lane Romford has increased by an estimated £3,297 (1.2%) and its rental value has increased by an estimated £37 per month (2.8%), giving an expected gross yield of 6%.
Flat 1, 5A, Clockhouse Lane, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 5A, Clockhouse Lane, Romford was last sold on 1st August 2001 for £135,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 5A, Clockhouse Lane, Romford within a radius of 520 metres over the last 2 years.
The most recent example is 21A, Erith Crescent, Romford, RM5 3JJ, a leasehold flat which sold for £245,000 on the 10th September 2024.
Read more about house prices in RM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clockhouse Lane, Romford, RM5 has a total of 174 addresses. According to our analysis of all the public data, Flat 1, 5A, Clockhouse Lane, Romford is the 171st largest and the 159th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in RM5.
The closest station to Flat 1, 5A, Clockhouse Lane, Romford is Romford station which is 3.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 5A, Clockhouse Lane, Romford, 38.2% of property is privately owned with a mortgage and 27.9% is privately owned outright.
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 Flat 1, 5A, Clockhouse Lane, Romford, 22.2% of residents are recorded as possessing school level qualifications and 22.7% 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 Flat 1, 5A, Clockhouse Lane, Romford, the average age was 39.2 and the most common age was 42.
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 Flat 1, 5A, Clockhouse Lane, Romford, 0.4% 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 Flat 1, 5A, Clockhouse Lane, Romford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.