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In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 261, South Street, Romford has an estimated sale value of £297,593 and an estimated rental value of £1,612 per month, assuming reasonable condition and based on the information available.
The apartment sits within 261, South Street, Romford, RM1.
South Street, Romford, RM1 lies in the borough of Havering, within the RM1 postal district.
Flat 2, 261, South Street, Romford has 21 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 2, 261, South Street, Romford would be worth £312,473, with a potential rental value of £1,693 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £276,761, with a rental value of £1,499 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 2, 261, South Street, Romford has risen by £2,885 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £45 (2.8%). The property's estimated gross yield is currently 6.5%.
Flat 2, 261, South Street, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 2, 261, South Street, Romford last changed hands on 24th May 2016, selling for £264,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 13.5% since May 2016.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 2, 261, South Street, Romford across the last 2 years.
Most recently, Flat 9, The Maltings, South Street, Romford, RM1 2AW, a leasehold flat, sold at £257,000 on the 17th July 2025.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 2, 261, South Street, Romford as the 202nd largest and the 110th most expensive of the 683 addresses on South Street, Romford, RM1.
Against the RM1 postcode district average, it is £120k less expensive than the typical property.
Romford station is the nearest stop to Flat 2, 261, South Street, Romford at 0 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 261, South Street, Romford, 58.2% of property is privately rented and 15.6% 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, 261, South Street, Romford, 18.7% of residents are recorded as possessing school level qualifications and 26.3% 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, 261, South Street, 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, 261, South Street, 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, 261, South Street, 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.