According to the public record, 1056, Green Lane, Dagenham is a early-century apartment with 408 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 1056, Green Lane, Dagenham, RM8.
Green Lane, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
1056, Green Lane, Dagenham has no records in the Land Registry database and a single entry in the EPC database dated December 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1056 Green Lane Dagenham as £202,404 and the rental value as £1,199 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 1056 Green Lane Dagenham has increased by £1,898 (0.9%) and its rental value has increased by £70 per month (5.8%).
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 1056, Green Lane, Dagenham is in very good condition we estimate a sale value of £212,524 and rental value of £1,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,235 and a rental value of £1,115 per month.
If you were able to purchase this property for the estimated value of £202,404, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £995 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1056, Green Lane, Dagenham within a radius of 440 metres over the last 2 years.
The most recent example is 2A, Tenterden Road, Dagenham, RM8 1QA, a Leasehold flat which sold for £167,500 in Jun 2020.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Dagenham, RM8 has a total of 395 addresses. According to our analysis of all the public data, 1056, Green Lane, Dagenham is the 384th largest and the 365th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in RM8.
1056, Green Lane, Dagenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Dec 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1056, Green Lane, Dagenham is Chadwell Heath station which is 1.1 kilometres away.
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 1056, Green Lane, Dagenham, 32.5% of property is privately owned with a mortgage and 30.0% is socially 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 1056, Green Lane, Dagenham, 29.3% of residents are recorded as possessing school level qualifications and 28.4% 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 1056, Green Lane, Dagenham, the average age was 32.9 and the most common age was 37.
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 1056, Green Lane, Dagenham, 1.4% 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 1056, Green Lane, Dagenham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.