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According to the public record, Flat 23, Scimitar House 23, Romford is a modern leasehold apartment with 721 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 23, Scimitar House 23, Romford is £306,272 and the estimated rental value is £1,622 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 23, Scimitar House 23, Romford has a single entry in the Land Registry from May 2016 and a single entry in the EPC database dated June 2023.
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 23, Scimitar House 23, Romford is in very good condition we estimate a sale value of £321,586 and a rental value of £1,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,833 and a rental value of £1,508 per month.
Over the last 12 months the sale value of Flat 23 Scimitar House 23 Romford has increased by an estimated £4,946 (1.6%) and its rental value has increased by an estimated £33 per month (2.0%), giving an expected gross yield of 6.4%.
Flat 23, Scimitar House 23, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jun 2023.
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 23, Scimitar House 23, Romford was last sold on 19th May 2016 for £280,300 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Scimitar House 23, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 44, Scimitar House 23, Eastern Road, Romford, RM1 3FA, a leasehold flat which sold for £293,000 on the 31st May 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 23, Scimitar House 23, Romford is the 44th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in RM1.
The closest station to Flat 23, 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 23, 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 23, 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 23, 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 23, 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.
