Prospect Place, Romford, RM5 3DS
HA

Prospect Place, Romford, RM5 3DS

By haart

£ 200,000

Reviews

2 out of 5 stars

haart says ..

(PRC NON STANDARD CONSTRUCTION) We are pleased to offer this two bedroom first floor flat offered with no ongoing chain benefitting from over a hundred years lease with great transport links such as bus routes to Romford (Elizabeth Line Station) and Queens Hospital close by

Property Oracle says ..

This property is a two-bedroom flat located in Romford, Greater London. The flat itself appears to be in good condition, recently decorated with modern fixtures and fittings. The images show a clean and well-maintained interior. The location benefits from being relatively close to several schools and public transport links, though the proximity to amenities like shops and other points of interest is not explicitly detailed. The property has no outdoor space, which is a significant drawback for many buyers. Considering the average price per square foot in the area is £400 and this property is listed at £200,000, the price seems reasonable given the size (540 sqft) and lack of outdoor space. However, the average price for properties in the area is significantly higher (£450,015), suggesting that this flat may be undervalued compared to other properties of similar type in the area. More information on the surrounding area and comparable properties would improve the accuracy of this assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
540.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
744,333.00 £
Increased by 18.53 %
from 627,970.00 £
Est sale value
308,880.00 £
Increased by 33.64 %
from 231,120.00 £
Average area rental value
1,770.00 £/mo
Decreased by 1.28 %
from 1,793.00 £/mo
Est letting value
540.00 £/mo
Unchanged by 0.00 %
from 540.00 £/mo
Est rental Yield
2.85 %
Decreased by 16.91 %
from 3.43 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • haart created the listing.

Nearby Schools

NameTypeOfstedDistance
Parklands Primary SchoolCommunity SchoolGood0.72 KM
St Patrick'S Catholic Primary SchoolVoluntary Aided SchoolGood1.09 KM
Collier Row Children'S CentreChildren's Centre1.15 KM
Crownfield Junior SchoolCommunity SchoolGood1.27 KM
Crownfield Infant SchoolCommunity SchoolGood1.27 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Adams Close £ 550,00000.00 KM
Cook's Close £ 425,00000.00 KM
Eastern Avenue West £ 000.00 KM
Burnham Road £ 000.00 KM
Chesham Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Romford6886RMF2.51 KM
Gidea Park6877GDP4.40 KM
Chadwell Heath6874CTH4.93 KM
Emerson Park7473EMP6.35 KM
Goodmayes6878GMY6.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Prospect Place, Romford, RM5 3DS £ 200,000BUY5 / 100.00 KM
Prospect Place, Romford £ 200,000BUY6 / 100.04 KM
Prospect Place, Romford £ 175,000BUY6 / 100.07 KM
Collier Row Lane, Romford, RM5 £ 425,000BUY6 / 100.10 KM
Collier Row Lane, Romford, RM5 £ 450,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
43 Maidstone Avenue £ 339,9500.13 KM
39 Maidstone Avenue £ 206,5000.13 KM
20 Maidstone Avenue £ 378,5000.13 KM
4 Maidstone Avenue £ 182,5000.13 KM
21 Maidstone Avenue £ 360,0000.13 KM