According to the public record, 262, Reede Road, Dagenham is a early-century apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 262, Reede Road, Dagenham, RM10.
Reede Road, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
262, Reede Road, Dagenham has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2013.
We combine this information with public data 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 262 Reede Road Dagenham as £270,726 and the rental value as £1,642 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 262 Reede Road Dagenham has decreased by £913 (0.3%) and its rental value has increased by £89 per month (5.4%).
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 262, Reede Road, Dagenham is in very good condition we estimate a sale value of £284,262 and rental value of £1,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,775 and a rental value of £1,527 per month.
If you were able to purchase this property for the estimated value of £270,726, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,331 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, 262, Reede Road, Dagenham was last sold on 15 Jan 2001 for £53,600 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 262, Reede Road, Dagenham within a radius of 440 metres over the last 2 years.
The most recent example is Flat 28, Rivington Court, St. Mark's Place, Dagenham, RM10 8GJ, a Leasehold flat which sold for £242,500 in Nov 2023.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reede Road, Dagenham, RM10 has a total of 285 addresses. According to our analysis of all the public data, 262, Reede Road, Dagenham is the 259th largest and the 258th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in RM10.
262, Reede Road, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2013.
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 262, Reede Road, Dagenham is Dagenham East station which is 300 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 262, Reede Road, Dagenham, 37.5% of property is privately owned with a mortgage and 30.8% 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 262, Reede Road, Dagenham, 26.6% of residents are recorded as possessing school level qualifications and 27.3% 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 262, Reede Road, Dagenham, the average age was 36.3 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 262, Reede Road, Dagenham, 0.8% 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 262, Reede Road, 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.