According to the public record, 288, Reede Road, Dagenham is a early-century freehold house with 1,571 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Reede Road, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
288, Reede Road, Dagenham has 2 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated July 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 288 Reede Road Dagenham as £561,657 and the rental value as £2,682 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 288 Reede Road Dagenham has decreased by £15,539 (2.8%) and its rental value has increased by £77 per month (2.9%).
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 288, Reede Road, Dagenham is in very good condition we estimate a sale value of £589,740 and rental value of £2,816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,341 and a rental value of £2,495 per month.
If you were able to purchase this property for the estimated value of £561,657, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,760 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, 288, Reede Road, Dagenham sits on a plot of 240m2.
We have plot size data on 11 out of 18 other houses in the postcode and 288, Reede Road, Dagenham sits on the 2nd largest plot.
According to HM Land Registry, 288, Reede Road, Dagenham was last sold on 24 Jan 2020 for £490,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2020, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 288, Reede Road, Dagenham within a radius of 460 metres over the last 2 years.
The most recent example is 242, Reede Road, Dagenham, RM10 8ED, a Freehold house which sold for £505,000 in Feb 2022.
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, 288, Reede Road, Dagenham is the 13th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in RM10.
288, Reede Road, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 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 288, 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 288, 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 288, 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 288, 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 288, 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 288, 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.