According to the public record, 15, Palmer Road, Dagenham is a modern freehold house with 1,108 ft2 of internal area and sits on a 178 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Palmer Road, Dagenham, RM8 is located in the borough of Redbridge within the RM8 postal district.
15, Palmer Road, Dagenham has 41 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated April 2023.
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 15 Palmer Road Dagenham as £475,796 and the rental value as £1,656 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 15 Palmer Road Dagenham has decreased by £12,063 (2.5%) and its rental value has increased by £33 per month (2.0%).
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 15, Palmer Road, Dagenham is in very good condition we estimate a sale value of £499,586 and rental value of £1,739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,491 and a rental value of £1,540 per month.
If you were able to purchase this property for the estimated value of £475,796, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,338 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 data from HM Land Registry, 15, Palmer Road, Dagenham sits on a plot of 178m2.
We have plot size data on 21 out of 32 other houses in the postcode and 15, Palmer Road, Dagenham sits on the 6th largest plot.
According to HM Land Registry, 15, Palmer Road, Dagenham was last sold on 03 Nov 2023 for £507,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2023, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Palmer Road, Dagenham within a radius of 390 metres over the last 2 years.
The most recent example is 78, Burnside Road, Dagenham, RM8 1XD, a Freehold house which sold for £505,000 in May 2024.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmer Road, Dagenham, RM8 has a total of 36 addresses. According to our analysis of all the public data, 15, Palmer Road, Dagenham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in RM8.
15, Palmer Road, Dagenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Palmer Road, Dagenham is Chadwell Heath station which is 100 metres 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 15, Palmer Road, Dagenham, 46.6% of property is privately rented and 18.2% is privately owned outright.
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 15, Palmer Road, Dagenham, 24.2% of residents are recorded as possessing school level qualifications and 32.2% 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 15, Palmer Road, Dagenham, the average age was 34.2 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 15, Palmer Road, Dagenham, 1.6% 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 15, Palmer Road, 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.