According to the public record, 46, Pedley Road, Dagenham is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Pedley Road, Dagenham, RM8 is located in the borough of Redbridge within the RM8 postal district.
46, Pedley Road, Dagenham has 21 entries in the Land Registry database, most recently in December 2012 and a single entry in the EPC database dated July 2012.
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 46 Pedley Road Dagenham as £238,886 and the rental value as £1,251 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 46 Pedley Road Dagenham has increased by £1,838 (0.8%) and its rental value has increased by £68 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 46, Pedley Road, Dagenham is in very good condition we estimate a sale value of £250,831 and rental value of £1,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,164 and a rental value of £1,163 per month.
If you were able to purchase this property for the estimated value of £238,886, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,174 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, 46, Pedley Road, Dagenham was last sold on 07 Dec 2012 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2012, the market for similar properties has risen 76.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Pedley Road, Dagenham within a radius of 430 metres over the last 2 years.
The most recent example is 56, Pedley Road, Dagenham, RM8 1XE, a Leasehold flat which sold for £255,000 in Aug 2021.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pedley Road, Dagenham, RM8 has a total of 118 addresses. According to our analysis of all the public data, 46, Pedley Road, Dagenham is the 67th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in RM8.
46, Pedley Road, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 46, Pedley Road, Dagenham is Chadwell Heath station which is 600 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 46, Pedley Road, Dagenham, 36.6% of property is privately rented and 22.4% 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 46, Pedley Road, Dagenham, 24.0% of residents are recorded as possessing school level qualifications and 30.0% 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 46, Pedley Road, Dagenham, the average age was 34.2 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 46, Pedley Road, Dagenham, 0.3% 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 46, Pedley Road, Dagenham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.