According to the public record, 1144, Green Lane, Dagenham is a early-century leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 1144, Green Lane, Dagenham, RM8.
Green Lane, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
1144, Green Lane, Dagenham has a single entry in the Land Registry database from May 2019 and a single entry in the EPC database dated November 2013.
We combine this information with that 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 1144 Green Lane Dagenham as £211,896 and the rental value as £1,121 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1144 Green Lane Dagenham has increased by £1,475 (0.7%) and its rental value has increased by £64 per month (5.7%).
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 1144, Green Lane, Dagenham is in very good condition we estimate a sale value of £222,491 and rental value of £1,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,064 and a rental value of £1,043 per month.
If you were able to purchase this property for the estimated value of £211,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,041 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 HM Land Registry, 1144, Green Lane, Dagenham was last sold on 31 May 2019 for £184,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1144, Green Lane, Dagenham within a radius of 430 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, 1144, Green Lane, Dagenham is the 393rd largest and the 327th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in RM8.
1144, Green Lane, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1144, Green Lane, Dagenham is Chadwell Heath station which is 1.3 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 1144, Green Lane, Dagenham, 30.1% of property is socially rented and 29.5% 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 1144, Green Lane, Dagenham, 25.9% of residents are recorded as possessing school level qualifications and 30.0% 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 1144, 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 1144, Green Lane, Dagenham, 0.0% 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 1144, 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.