Flat 8, Onyx House
Flat 8, Onyx House
Description & Estimates
According to the public record, Flat 8, Onyx House, Romford is a modern leasehold apartment with 710 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 8, Onyx House, Romford is £336,396 and the estimated rental value is £1,703 per month.
The apartment is within Onyx House, Compass Way, Romford, RM1.
Compass Way, Romford, RM1 is located in the borough of Havering within the RM1 postal district.
Our Data Sources
Flat 8, Onyx House, Romford has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated January 2023.
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.
Price Range & Condition
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 8, Onyx House, Romford is in very good condition we estimate a sale value of £353,216 and a rental value of £1,788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,848 and a rental value of £1,584 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 8, Onyx House, Romford has risen by £1,655 (0.5%), while its estimated rental value has moved up by £29 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
Flat 8, Onyx House, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, Flat 8, Onyx House, Romford was last sold on 12th May 2023 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped by 5.2%.
- Sold May 2023£350,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Onyx House, Romford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 20, Malachite House, Compass Way, Romford, RM1 1DF, a leasehold flat which sold for £317,000 on the 5th April 2024.
Read more about house prices in RM1.
- Sold Apr 2024£317,000 | 2 Bed FlatMalachite House, Compass WayFlat 20, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Jul 2023£335,000 | 2 Bed FlatMalachite House, Compass WayFlat 12, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Mar 2023£350,000 | 2 Bed FlatMalachite House, Compass WayFlat 28, Malachite House, Compass Way, Romford, RM1 1DF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Compass Way, Romford, RM1 has a total of 40 addresses. According to our analysis of all the public data, Flat 8, Onyx House, Romford is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in RM1.
More reading links
Schools Nearby
- 400mSt Edward's Church of England Voluntary Aided Primary School
- 400mSt Peter's Catholic Primary School
- 400mThe Mawney Foundation School
- 1.1kmMarshalls Park Academy
- 1.8kmSt Edward's Church of England Academy
- 1.9kmThe Frances Bardsley Academy for Girls
More reading links
Public Transport Nearby
The closest station to Flat 8, Onyx House, Romford is Romford station, which is 1.0 kilometres away.
- 1.0kmRomford
- 2.1kmGidea Park
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
