According to the public record, 2, Emerald Gardens, Dagenham is a early-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Emerald Gardens, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
2, Emerald Gardens, Dagenham has 2 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated October 2015.
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 Emerald Gardens Dagenham as £242,472 and the rental value as £1,314 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 2 Emerald Gardens Dagenham has increased by £928 (0.4%) and its rental value has increased by £73 per month (5.6%).
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, Emerald Gardens, Dagenham is in very good condition we estimate a sale value of £254,596 and rental value of £1,380 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,499 and a rental value of £1,222 per month.
If you were able to purchase this property for the estimated value of £242,472, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,192 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, 2, Emerald Gardens, Dagenham was last sold on 01 Sep 2016 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2016, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Emerald Gardens, Dagenham within a radius of 450 metres over the last 2 years.
The most recent example is 22, Terling Road, Dagenham, RM8 1DS, a Leasehold flat which sold for £262,000 in Jul 2021.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Emerald Gardens, Dagenham, RM8 has a total of 33 addresses. According to our analysis of all the public data, 2, Emerald Gardens, Dagenham is the 5th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in RM8.
2, Emerald Gardens, Dagenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Oct 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using room heaters.
The closest station to 2, Emerald Gardens, Dagenham is Chadwell Heath station which is 1.5 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, Emerald Gardens, Dagenham, 38.5% of property is privately rented and 29.1% 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, Emerald Gardens, Dagenham, 34.5% of residents are recorded as possessing school level qualifications and 35.9% 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, Emerald Gardens, 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 2, Emerald Gardens, Dagenham, 1.1% 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, Emerald Gardens, 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.