Flat 1, Onyx House
Flat 1, Onyx House
Description & Estimates
Flat 1, Onyx House, Romford is recorded publicly as a modern leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 1, Onyx House, Romford is £330,716 and its rental estimate is £1,678 per month, given the available information and assuming reasonable condition.
Onyx House, Compass Way is a residential building on Compass Way, Romford, RM1 and falls within the RM1 postal district and the borough of Havering.
Our Data Sources
Flat 1, Onyx House, Romford has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated January 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, Onyx House, Romford, we estimate a market value of £347,252 and a rental value of £1,762 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £307,566 and £1,561 per month respectively.
Recent Market Change
Over the last year, Flat 1, Onyx House, Romford has seen its estimated sale value rise by £1,627 (0.5%) and its estimated rental value move up by £29 per month (1.7%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 1, Onyx House, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Flat 1, Onyx House, Romford completed on 28th February 2023 at £350,000 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 dropped by 5.9% over the period since February 2023.
- Sold Feb 2023£350,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Onyx House, Romford have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2023, was Flat 16, Malachite House, Compass Way, Romford, RM1 1DF, a leasehold flat which sold for £345,000.
Read more about house prices in RM1.
- Sold Mar 2023£345,000 | 2 Bed FlatMalachite House, Compass WayFlat 16, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Mar 2023£345,000 | 2 Bed FlatMalachite House, Compass WayFlat 32, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Mar 2023£375,000 | 2 Bed FlatMalachite House, Compass WayFlat 4, Malachite House, Compass Way, Romford, RM1 1DF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 40 addresses on Compass Way, Romford, RM1, Flat 1, Onyx House, Romford comes out as the 32nd largest and the 28th most expensive in our analysis of the public data.
It is also £87k less expensive than the average property across the RM1 district.
More reading links
Schools Nearby
- 400mSt Edward's Church of England Voluntary Aided Primary School
- 400mSt Peter's Catholic Primary School
- 400mThe Mawney Foundation School
- 1.1kmMarshalls Park Academy
- 1.8kmSt Edward's Church of England Academy
- 1.9kmThe Frances Bardsley Academy for Girls
More reading links
Public Transport Nearby
From Flat 1, Onyx House, Romford, the nearest station is Romford, 1.0 kilometres away.
- 1.0kmRomford
- 2.1kmGidea Park
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
