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According to the public record, Flat 1, 76, Eastern Road, Romford is a modern leasehold apartment with 925 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 Flat 1, 76, Eastern Road, Romford is £646,944 and the estimated rental value is £3,338 per month.
The apartment is within 76, Eastern Road, Romford, RM1.
Eastern Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 1, 76, Eastern Road, Romford has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated May 2021.
We combine this information with that 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, 76, Eastern Road, Romford is in very good condition we estimate a sale value of £679,291 and a rental value of £3,505 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £601,658 and a rental value of £3,104 per month.
Over the last 12 months the sale value of Flat 1 76 Eastern Road Romford has increased by an estimated £5,448 (0.8%) and its rental value has increased by an estimated £60 per month (1.8%), giving an expected gross yield of 6.2%.
Flat 1, 76, Eastern Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, Flat 1, 76, Eastern Road, Romford was last sold on 2nd December 2016 for £580,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2016, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 410 metres radius of Flat 1, 76, Eastern Road, Romford over the last 2 years.
The most recent example is 64A, Eastern Road, Romford, RM1 3QA, a leasehold flat which sold for £575,000 on the 30th September 2022.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Road, Romford, RM1 has a total of 223 addresses. According to our analysis of all the public data, Flat 1, 76, Eastern Road, Romford is the 24th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £224k more expensive than the average property in RM1.
The closest station to Flat 1, 76, Eastern Road, Romford is Romford station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Flat 1, 76, Eastern Road, Romford, 56.0% of property is privately rented and 19.3% 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 Flat 1, 76, Eastern Road, Romford, 19.1% of residents are recorded as possessing school level qualifications and 36.1% 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 Flat 1, 76, Eastern Road, Romford, the average age was 37 and the most common age was 32.
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, 76, Eastern Road, Romford, 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 Flat 1, 76, Eastern Road, Romford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
