According to the public record, 2, Bacon Terrace, Dagenham is a modern freehold house with 656 ft2 of internal area and sits on a 118 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Bacon Terrace, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
2, Bacon Terrace, Dagenham has 41 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated March 2019.
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 2 Bacon Terrace Dagenham as £281,085 and the rental value as £1,553 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Bacon Terrace Dagenham has increased by £3,420 (1.2%) and its rental value has increased by £91 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 2, Bacon Terrace, Dagenham is in very good condition we estimate a sale value of £295,140 and rental value of £1,631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,409 and a rental value of £1,444 per month.
If you were able to purchase this property for the estimated value of £281,085, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,381 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, 2, Bacon Terrace, Dagenham sits on a plot of 118m2.
We have plot size data on 7 out of 11 other houses in the postcode and 2, Bacon Terrace, Dagenham sits on the 4th largest plot.
According to HM Land Registry, 2, Bacon Terrace, Dagenham was last sold on 02 Aug 2019 for £300,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2019, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bacon Terrace, Dagenham within a radius of 400 metres over the last 2 years.
The most recent example is 99, Ilchester Road, Dagenham, RM8 2YT, a Freehold house which sold for £332,500 in Apr 2021.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bacon Terrace, Dagenham, RM8 has a total of 11 addresses. According to our analysis of all the public data, 2, Bacon Terrace, Dagenham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in RM8.
2, Bacon Terrace, Dagenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2019.
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 2, Bacon Terrace, Dagenham is Becontree 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 2, Bacon Terrace, Dagenham, 37.0% of property is socially rented and 28.5% 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 2, Bacon Terrace, Dagenham, 25.6% of residents are recorded as possessing school level qualifications and 28.9% 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 2, Bacon Terrace, Dagenham, the average age was 32.3 and the most common age was 7.
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 2, Bacon Terrace, 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 2, Bacon Terrace, Dagenham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.