Flat 1, Oak House
Flat 1, Oak House
Description & Estimates
Flat 1, Oak House, Romford is recorded publicly as a modern leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 1, Oak House, Romford is £216,003 and its rental estimate is £1,215 per month, given the available information and assuming reasonable condition.
Oak House, Cottons Approach is a residential building on Cottons Approach, Romford, RM7 and falls within the RM7 postal district and the borough of Havering.
Our Data Sources
Flat 1, Oak House, Romford has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, Oak House, Romford, we estimate a market value of £226,803 and a rental value of £1,275 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £200,883 and £1,130 per month respectively.
Recent Market Change
Over the last year, Flat 1, Oak House, Romford has seen its estimated sale value move up by £2,497 (1.2%) and its estimated rental value increase by £43 per month (3.5%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 1, Oak House, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, Oak House, Romford completed on 2nd December 2024 at £230,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 10.8% over the period since December 2024.
- Sold Dec 2024£230,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Oak House, Romford have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th May 2025, was Flat 1, Verity House, Cotleigh Road, Romford, RM7 9AE, a leasehold flat which sold for £225,000.
Read more about house prices in RM7.
- Sold May 2025£225,000 | 2 Bed FlatVerity House, Cotleigh RoadFlat 1, Verity House, Cotleigh Road, Romford, RM7 9AE
- Sold Nov 2024£205,000 | 1 Bed FlatVerity House, Cotleigh RoadFlat 3, Verity House, Cotleigh Road, Romford, RM7 9AE
- Sold Sep 2023£190,000 | 2 Bed FlatVerity House, Cotleigh RoadFlat 6, Verity House, Cotleigh Road, Romford, RM7 9AE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 101 addresses on Cottons Approach, Romford, RM7, Flat 1, Oak House, Romford comes out as the 87th largest and the 87th most expensive in our analysis of the public data.
It is also £181k less expensive than the average property across the RM7 district.
More reading links
Schools Nearby
- 200mThe Mawney Foundation School
- 600mConcordia Academy
- 700mCrowlands Primary School
- 1.4kmSt Edward's Church of England Academy
- 1.7kmMarshalls Park Academy
- 1.8kmThe Frances Bardsley Academy for Girls
More reading links
Public Transport Nearby
From Flat 1, Oak House, Romford, the nearest station is Romford, 700 metres away.
- 700mRomford
- 2.3kmGidea Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
