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According to the public record, Flat 4, 26, Richmond Road, Romford is a modern leasehold apartment with 409 ft2 of internal area.
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 4, 26, Richmond Road, Romford is £223,174 and the estimated rental value is £1,176 per month.
The apartment is within 26, Richmond Road, Romford, RM1.
Richmond Road, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Flat 4, 26, Richmond Road, Romford has 31 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated February 2024.
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 4, 26, Richmond Road, Romford is in very good condition we estimate a sale value of £234,333 and a rental value of £1,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,552 and a rental value of £1,094 per month.
Over the last 12 months the sale value of Flat 4 26 Richmond Road Romford has increased by an estimated £4,191 (1.9%) and its rental value has increased by an estimated £43 per month (3.7%), giving an expected gross yield of 6.3%.
Flat 4, 26, Richmond Road, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, 26, Richmond Road, Romford was last sold on 17th January 2022 for £188,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2022, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 26, Richmond Road, Romford within a radius of 400 metres over the last 2 years.
The most recent example is Flat 6, 26, Richmond Road, Romford, RM1 2DX, a leasehold flat which sold for £215,800 on the 2nd September 2024.
Read more about house prices in RM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Romford, RM1 has a total of 47 addresses. According to our analysis of all the public data, Flat 4, 26, Richmond Road, Romford is the 43rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in RM1.
The closest station to Flat 4, 26, Richmond Road, Romford is Romford station which is 0 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 4, 26, Richmond Road, Romford, 39.7% of property is privately rented and 33.8% is privately owned with a mortgage.
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 4, 26, Richmond Road, Romford, 17.7% of residents are recorded as possessing school level qualifications and 36.4% 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 4, 26, Richmond Road, Romford, the average age was 36.6 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 4, 26, Richmond Road, Romford, 1.2% 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 4, 26, Richmond Road, Romford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
