Flat 3, 7
Flat 3, 7
Description & Estimates
Flat 3, 7, Market Place, Romford is described in the public record as a mid-century apartment with 904 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 3, 7, Market Place, Romford is £318,665 and its rental estimate is £1,779 per month, given the available information and assuming reasonable condition.
7, Market Place is a residential building on Market Place, Romford, RM1 and falls within the RM1 postal district and the borough of Havering.
Our Data Sources
Flat 3, 7, Market Place, Romford has no records in the the Land Registry and a single entry in the EPC database dated March 2025.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, 7, Market Place, Romford, we estimate a market value of £334,598 and a rental value of £1,868 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £296,358 and £1,655 per month respectively.
Recent Market Change
Over the last year, Flat 3, 7, Market Place, Romford has seen its estimated sale value increase by £96 (0.0%) and its estimated rental value grow by £30 per month (1.7%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 3, 7, Market Place, Romford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Mar 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 7, Market Place, Romford have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th November 2024, was 20A, South Street, Romford, RM1 1RA, a leasehold flat which sold for £430,000.
Read more about house prices in RM1.
- Sold Nov 2024£430,000 | 3 Bed FlatSouth Street20A, South Street, Romford, RM1 1RA
- Sold Dec 2023£315,000 | 3 Bed FlatRubicon Court 21-23, North StreetApartment 23, Rubicon Court 21-23, North Street, Romford, RM1 1BJ
- Sold Jan 2023£250,000 | 3 Bed FlatNayland Court, Market PlaceFlat 63, Nayland Court, Market Place, Romford, RM1 3EF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 135 addresses on Market Place, Romford, RM1, Flat 3, 7, Market Place, Romford comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the RM1 district.
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Schools Nearby
- 500mSt Edward's Church of England Voluntary Aided Primary School
- 600mThe Mawney Foundation School
- 600mSt Peter's Catholic Primary School
- 1.2kmMarshalls Park Academy
- 1.4kmThe Frances Bardsley Academy for Girls
- 2.0kmSt Edward's Church of England Academy
More reading links
Public Transport Nearby
From Flat 3, 7, Market Place, Romford, the nearest station is Romford, 600 metres away.
- 600mRomford
- 1.7kmGidea Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
