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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 A, 413, Romford Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 960 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat A, 413, Romford Road is £324,634 and the estimated rental value is £2,104 per month.
The apartment is within 413, Romford Road, London, E7.
Romford Road, London, E7 is located in the borough of Newham within the E7 postal district.
Flat A, 413, Romford Road has a single entry in the Land Registry from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 A, 413, Romford Road is in very good condition we estimate a sale value of £340,865 and a rental value of £2,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,909 and a rental value of £1,957 per month.
Over the last 12 months the sale value of Flat A 413 Romford Road has decreased by an estimated £5,803 (1.8%) and its rental value has increased by an estimated £55 per month (2.6%), giving an expected gross yield of 7.8%.
According to HM Land Registry, Flat A, 413, Romford Road was last sold on 23rd February 2007 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 68.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat A, 413, Romford Road within a radius of 390 metres over the last 2 years.
The most recent example is 469, Romford Road, London, E7 8AB, a leasehold flat which sold for £300,000 on the 10th December 2019.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E7 has a total of 861 addresses. According to our analysis of all the public data, Flat A, 413, Romford Road is the 181st largest and the 265th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in E7.
The nearest school is Sandringham Primary School which is 141 metres away. The nearest train station is Forest Gate which is 700 metres away.
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