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Bricks&Logic is a trading name of Urban Markets Ltd
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, 1A, Ferndale Road, Romford is a mid-century apartment with 172 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 1A, Ferndale Road, Romford is £125,589 and the estimated rental value is £663 per month.
The apartment is within 1A, Ferndale Road, Romford, RM5.
Ferndale Road, Romford, RM5 is located in the borough of Havering within the RM5 postal district.
Flat 2, 1A, Ferndale Road, Romford has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
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, 1A, Ferndale Road, Romford is in very good condition we estimate a sale value of £131,868 and a rental value of £696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,798 and a rental value of £616 per month.
Over the last 12 months the sale value of Flat 2 1A Ferndale Road Romford has increased by an estimated £3,750 (3.0%) and its rental value has increased by an estimated £28 per month (4.2%), giving an expected gross yield of 6.3%.
Flat 2, 1A, Ferndale Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 1A, Ferndale Road, Romford within a radius of 500 metres over the last 2 years.
The most recent example is Flat 1, 1A , Ferndale Road, Romford, RM5 3ER, a leasehold flat which sold for £475,000 on the 23rd February 2015.
Read more about house prices in RM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferndale Road, Romford, RM5 has a total of 39 addresses. According to our analysis of all the public data, Flat 2, 1A, Ferndale Road, Romford is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £297k less expensive than the average property in RM5.
The closest station to Flat 2, 1A, Ferndale Road, Romford is Romford station which is 2.1 kilometres 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 2, 1A, Ferndale Road, Romford, 50.7% of property is privately owned with a mortgage and 31.0% 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 2, 1A, Ferndale Road, Romford, 18.4% of residents are recorded as possessing school level qualifications and 27.4% 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, 1A, Ferndale Road, Romford, the average age was 40.2 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 2, 1A, Ferndale 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, 1A, Ferndale Road, 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.
