Flat 2, 38A
Flat 2, 38A
Description & Estimates
The public record describes Flat 2, 38A, Mawney Road, Romford as an early-century apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, 38A, Mawney Road, Romford has an estimated sale value of £151,145 and an estimated rental value of £914 per month, assuming reasonable condition and based on the information available.
The apartment sits within 38A, Mawney Road, Romford, RM7.
Mawney Road, Romford, RM7 lies in the borough of Havering, within the RM7 postal district.
Our Data Sources
Flat 2, 38A, Mawney Road, Romford has no records in the the Land Registry and a single entry in the EPC database dated April 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.
Price Range & Condition
In very good condition, we estimate Flat 2, 38A, Mawney Road, Romford would be worth £158,703, with a potential rental value of £960 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £140,565, with a rental value of £850 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 38A, Mawney Road, Romford has increased by £2,570 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £38 (4.1%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 2, 38A, Mawney Road, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 2, 38A, Mawney Road, Romford across the last 2 years.
Most recently, 7, Marshalls Road, Romford, RM7 7EL, a leasehold flat, sold at £12,750 on the 9th August 2021.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 38A, Mawney Road, Romford as the 490th largest and the 513th most expensive of the 550 addresses on Mawney Road, Romford, RM7.
Against the RM7 postcode district average, it is £246k less expensive than the typical property.
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Schools Nearby
- 100mThe Mawney Foundation School
- 700mSt Edward's Church of England Voluntary Aided Primary School
- 700mSt Peter's Catholic Primary School
- 1.4kmMarshalls Park Academy
- 1.6kmSt Edward's Church of England Academy
- 1.8kmThe Frances Bardsley Academy for Girls
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Public Transport Nearby
Romford station is the nearest stop to Flat 2, 38A, Mawney Road, Romford at 700 metres away.
- 700mRomford
- 2.2kmGidea Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
