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According to the public record, Flat 40, Lux Building, Romford is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 40, Lux Building, Romford is £202,923 and the estimated rental value is £1,080 per month.
The apartment is within Lux Building, Maxwell Road, Romford, RM7.
Maxwell Road, Romford, RM7 is located in the borough of Havering within the RM7 postal district.
Flat 40, Lux Building, Romford has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 40, Lux Building, Romford is in very good condition we estimate a sale value of £213,069 and a rental value of £1,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,718 and a rental value of £1,005 per month.
Over the last 12 months the sale value of Flat 40 Lux Building Romford has increased by an estimated £2,346 (1.2%) and its rental value has increased by an estimated £38 per month (3.5%), giving an expected gross yield of 6.4%.
Flat 40, Lux Building, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 40, Lux Building, Romford was last sold on 12th September 2014 for £158,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has risen 45.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Lux Building, Romford within a radius of 470 metres over the last 2 years.
The most recent example is Flat 33, Loam House 77, London Road, Romford, RM7 9DH, a leasehold flat which sold for £175,000 on the 18th August 2025.
Read more about house prices in RM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maxwell Road, Romford, RM7 has a total of 493 addresses. According to our analysis of all the public data, Flat 40, Lux Building, Romford is the 493rd largest and the 491st most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in RM7.
The nearest school is Concordia Academy which is 100 metres away. The nearest train station is Romford which is 500 metres away.
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