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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 87, Eastern Road, Romford is £188,431 and the estimated rental value is £1,073 per month.
The apartment is within 87, Eastern Road, Romford, RM1.
Eastern Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 2, 87, Eastern Road, Romford has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2023.
We combine this information with public data 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.
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, 87, Eastern Road, Romford is in very good condition we estimate a sale value of £197,853 and a rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,241 and a rental value of £998 per month.
Over the last 12 months the sale value of Flat 2 87 Eastern Road Romford has increased by an estimated £5,981 (3.2%) and its rental value has increased by an estimated £42 per month (3.9%), giving an expected gross yield of 6.8%.
Flat 2, 87, Eastern Road, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 2, 87, Eastern Road, Romford was last sold on 18th April 1995 for £102,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 87, Eastern Road, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 1, Old Print House 198, Victoria Road, Romford, RM1 2NX, a leasehold flat which sold for £230,000 on the 21st October 2024.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Road, Romford, RM1 has a total of 223 addresses. According to our analysis of all the public data, Flat 2, 87, Eastern Road, Romford is the 186th largest and the 210th most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in RM1.
The closest station to Flat 2, 87, Eastern Road, Romford is Romford station which is 500 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 87, Eastern Road, Romford, 56.0% of property is privately rented and 19.3% is socially rented.
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, 87, Eastern Road, Romford, 19.1% of residents are recorded as possessing school level qualifications and 36.1% 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, 87, Eastern Road, Romford, the average age was 37 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, 87, Eastern Road, Romford, 0.2% 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, 87, Eastern 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.