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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 1, Albert Road, Romford is a modern apartment with 1,162 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 2, 1, Albert Road, Romford is £326,505 and the estimated rental value is £1,985 per month.
The apartment is within 1, Albert Road, Romford, RM1.
Albert Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 2, 1, Albert Road, Romford has no records in the the Land Registry and a single entry in the EPC database dated January 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 2, 1, Albert Road, Romford is in very good condition we estimate a sale value of £342,830 and a rental value of £2,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,649 and a rental value of £1,846 per month.
Over the last 12 months the sale value of Flat 2 1 Albert Road Romford has increased by an estimated £2,750 (0.8%) and its rental value has increased by an estimated £36 per month (1.8%), giving an expected gross yield of 7.3%.
Flat 2, 1, Albert Road, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, 1, Albert Road, Romford within a radius of 390 metres over the last 2 years.
The most recent example is 19 St. Georges Court, George Street, Romford, RM1 2EB, a leasehold flat which sold for £300,000 on the 26th November 2019.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Romford, RM1 has a total of 128 addresses. According to our analysis of all the public data, Flat 2, 1, Albert Road, Romford is the 8th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in RM1.
The closest station to Flat 2, 1, Albert Road, Romford is Romford station which is 400 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 1, Albert Road, Romford, 36.0% of property is privately rented and 30.2% is privately owned with a mortgage.
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 2, 1, Albert Road, Romford, 19.0% of residents are recorded as possessing school level qualifications and 42.2% 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 2, 1, Albert Road, Romford, the average age was 36.6 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 2, 1, Albert Road, Romford, 0.0% 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 2, 1, Albert 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.
