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According to the public record, Flat 22, Scimitar House 23, Romford is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 22, Scimitar House 23, Romford is £256,385 and the estimated rental value is £1,383 per month.
The apartment is within Scimitar House, Eastern Road, Romford, RM1.
Eastern Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 22, Scimitar House 23, Romford has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated October 2019.
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.
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 22, Scimitar House 23, Romford is in very good condition we estimate a sale value of £269,204 and a rental value of £1,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,438 and a rental value of £1,286 per month.
Over the last 12 months the sale value of Flat 22 Scimitar House 23 Romford has increased by an estimated £4,140 (1.6%) and its rental value has increased by an estimated £28 per month (2.0%), giving an expected gross yield of 6.5%.
Flat 22, Scimitar House 23, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 22, Scimitar House 23, Romford was last sold on 7th October 2016 for £255,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2016, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Scimitar House 23, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 81, Scimitar House 23, Eastern Road, Romford, RM1 3FA, a leasehold flat which sold for £300,000 on the 14th April 2021.
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 22, Scimitar House 23, Romford is the 154th largest and the 127th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in RM1.
The closest station to Flat 22, Scimitar House 23, Romford is Romford station which is 200 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 22, Scimitar House 23, Romford, % of property is and % is .
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 22, Scimitar House 23, Romford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 22, Scimitar House 23, 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 22, Scimitar House 23, Romford, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.