According to the public record, 551, Heathway, Dagenham is a mid-century freehold house with 904 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Heathway, Dagenham, RM9 is located in the borough of Barking and Dagenham within the RM9 postal district.
551, Heathway, Dagenham has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated June 2021.
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 551 Heathway Dagenham as £373,266 and the rental value as £1,915 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 551 Heathway Dagenham has increased by £379 (0.1%) and its rental value has increased by £97 per month (5.1%).
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 551, Heathway, Dagenham is in very good condition we estimate a sale value of £391,929 and rental value of £2,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,137 and a rental value of £1,781 per month.
If you were able to purchase this property for the estimated value of £373,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,834 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, 551, Heathway, Dagenham sits on a plot of 130m2.
We have plot size data on 3 out of 7 other houses in the postcode and 551, Heathway, Dagenham sits on the 2nd largest plot.
According to HM Land Registry, 551, Heathway, Dagenham was last sold on 19 Nov 2021 for £370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 551, Heathway, Dagenham within a radius of 420 metres over the last 2 years.
The most recent example is 142, Oxlow Lane, Dagenham, RM10 7ST, a Freehold house which sold for £355,000 in Jan 2024.
Read more about house prices in RM9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heathway, Dagenham, RM9 has a total of 301 addresses. According to our analysis of all the public data, 551, Heathway, Dagenham is the 75th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in RM9.
551, Heathway, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 551, Heathway, Dagenham is Dagenham Heathway station which is 1.1 kilometres 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 551, Heathway, Dagenham, 35.1% of property is socially rented and 27.5% is privately owned with a mortgage.
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 551, Heathway, Dagenham, 27.4% of residents are recorded as possessing school level qualifications and 29.0% 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 551, Heathway, Dagenham, the average age was 34.7 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 551, Heathway, Dagenham, 0.0% 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 551, Heathway, 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.