According to the public record, 447, Rainham Road South, Dagenham is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Rainham Road South, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
447, Rainham Road South, Dagenham has 21 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated January 2014.
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 447 Rainham Road South Dagenham as £241,718 and the rental value as £1,597 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 447 Rainham Road South Dagenham has decreased by £34 (0.0%) and its rental value has increased by £91 per month (5.7%).
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 447, Rainham Road South, Dagenham is in very good condition we estimate a sale value of £253,804 and rental value of £1,677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,798 and a rental value of £1,485 per month.
If you were able to purchase this property for the estimated value of £241,718, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,188 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, 447, Rainham Road South, Dagenham was last sold on 01 Feb 2018 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2018, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 447, Rainham Road South, Dagenham within a radius of 600 metres over the last 2 years.
The most recent example is 504, Rainham Road South, Dagenham, RM10 7XB, a Leasehold flat which sold for £215,000 in Dec 2022.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainham Road South, Dagenham, RM10 has a total of 497 addresses. According to our analysis of all the public data, 447, Rainham Road South, Dagenham is the 181st largest and the 210th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in RM10.
447, Rainham Road South, Dagenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 447, Rainham Road South, Dagenham is Dagenham East station which is 500 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 447, Rainham Road South, Dagenham, 51.6% of property is privately rented and 27.8% is socially rented.
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 447, Rainham Road South, Dagenham, 22.6% of residents are recorded as possessing school level qualifications and 29.7% 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 447, Rainham Road South, 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 447, Rainham Road South, Dagenham, 0.9% 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 447, Rainham Road South, Dagenham, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.