According to the public record, 2, Tannery Close, Dagenham is a mid-century leasehold apartment with 971 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Tannery Close, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
2, Tannery Close, Dagenham has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated April 2010.
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 Tannery Close Dagenham as £291,022 and the rental value as £1,812 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 2 Tannery Close Dagenham has increased by £998 (0.3%) and its rental value has increased by £102 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, Tannery Close, Dagenham is in very good condition we estimate a sale value of £305,574 and rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,651 and a rental value of £1,685 per month.
If you were able to purchase this property for the estimated value of £291,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,430 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, Tannery Close, Dagenham was last sold on 23 Oct 2017 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tannery Close, Dagenham within a radius of 510 metres over the last 2 years.
The most recent example is 3, Sparrow Green, Dagenham, RM10 7EU, a Leasehold flat which sold for £255,000 in Jun 2021.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tannery Close, Dagenham, RM10 has a total of 14 addresses. According to our analysis of all the public data, 2, Tannery Close, Dagenham is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in RM10.
2, Tannery Close, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2010.
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, Tannery Close, Dagenham is Dagenham East station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Tannery Close, Dagenham, 34.5% of property is privately owned with a mortgage and 33.6% 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 2, Tannery Close, Dagenham, 27.0% of residents are recorded as possessing school level qualifications and 31.9% 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, Tannery Close, Dagenham, the average age was 33.9 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 2, Tannery Close, Dagenham, 0.6% 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 2, Tannery Close, Dagenham, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.