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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 5, 187A, Romford Road is a modern leasehold apartment with 376 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 5, 187A, Romford Road is £292,410 and the estimated rental value is £1,708 per month.
The apartment is within 187A, Romford Road, London, E15.
Romford Road, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 5, 187A, Romford Road has 2 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that 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.
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 5, 187A, Romford Road is in very good condition we estimate a sale value of £307,030 and a rental value of £1,793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,941 and a rental value of £1,588 per month.
Over the last 12 months the sale value of Flat 5 187A Romford Road has decreased by an estimated £7,393 (2.5%) and its rental value has increased by an estimated £55 per month (3.2%), giving an expected gross yield of 7%.
Flat 5, 187A, Romford Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 5, 187A, Romford Road was last sold on 1st April 2021 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 187A, Romford Road within a radius of 310 metres over the last 2 years.
The most recent example is Flat 1, 50, Radlett Close, London, E7 9JF, a leasehold flat which sold for £325,000 on the 27th January 2023.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E15 has a total of 531 addresses. According to our analysis of all the public data, Flat 5, 187A, Romford Road is the 340th largest and the 259th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in E15.
The closest station to Flat 5, 187A, Romford Road is Maryland station which is 600 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 5, 187A, Romford Road, 58.9% of property is socially rented and 31.3% is privately rented.
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 5, 187A, Romford Road, 27.4% of residents are recorded as possessing school level qualifications and 31.9% 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 5, 187A, Romford Road, the average age was 35 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 5, 187A, Romford Road, 0.2% 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 5, 187A, Romford Road, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
