According to the public record, 156, Second Avenue, Dagenham is a early-century leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area are normally studios with a garden.
Second Avenue, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
156, Second Avenue, Dagenham has 21 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated November 2022.
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 156 Second Avenue Dagenham as £147,182 and the rental value as £1,038 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 156 Second Avenue Dagenham has increased by £144 (0.1%) and its rental value has increased by £57 per month (5.5%).
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 156, Second Avenue, Dagenham is in very good condition we estimate a sale value of £154,541 and rental value of £1,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,879 and a rental value of £966 per month.
If you were able to purchase this property for the estimated value of £147,182, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £723 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, 156, Second Avenue, Dagenham was last sold on 12 Apr 2007 for £89,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 72.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 156, Second Avenue, Dagenham within a radius of 580 metres over the last 2 years.
The most recent example is 154, Second Avenue, Dagenham, RM10 9DT, a Leasehold flat which sold for £97,000 in Jan 2007.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Second Avenue, Dagenham, RM10 has a total of 180 addresses. According to our analysis of all the public data, 156, Second Avenue, Dagenham is the 180th largest and the 180th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in RM10.
156, Second Avenue, Dagenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to 156, Second Avenue, Dagenham is Dagenham Dock 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 156, Second Avenue, Dagenham, 38.6% of property is privately rented and 26.6% is privately owned with a mortgage.
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 156, Second Avenue, Dagenham, 35.9% of residents are recorded as possessing school level qualifications and 32.1% 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 156, Second Avenue, Dagenham, the average age was 34.2 and the most common age was 12.
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 156, Second Avenue, Dagenham, 0.4% 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 156, Second Avenue, Dagenham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.