According to the public record, 56, Groveway, Dagenham is a early-century house with 742 ft2 of internal area and sits on a 216 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Groveway, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
56, Groveway, Dagenham has no records in the Land Registry database and a single entry in the EPC database dated January 2023.
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 56 Groveway Dagenham as £374,545 and the rental value as £1,812 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 56 Groveway Dagenham has increased by £2,156 (0.6%) and its rental value has increased by £99 per month (5.5%).
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 56, Groveway, Dagenham is in very good condition we estimate a sale value of £393,272 and rental value of £1,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,326 and a rental value of £1,685 per month.
If you were able to purchase this property for the estimated value of £374,545, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,841 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, 56, Groveway, Dagenham sits on a plot of 216m2.
We have plot size data on 26 out of 48 other houses in the postcode and 56, Groveway, Dagenham sits on the 11th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Groveway, Dagenham within a radius of 410 metres over the last 2 years.
The most recent example is 139, Groveway, Dagenham, RM8 3XL, a Freehold house which sold for £410,000 in Jan 2024.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groveway, Dagenham, RM8 has a total of 139 addresses. According to our analysis of all the public data, 56, Groveway, Dagenham is the 80th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in RM8.
56, Groveway, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2023.
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 56, Groveway, Dagenham is Becontree station which is 1.5 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 56, Groveway, Dagenham, 39.9% of property is socially rented and 25.4% 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 56, Groveway, Dagenham, 33.9% of residents are recorded as possessing school level qualifications and 24.3% 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 56, Groveway, 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 56, Groveway, 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 56, Groveway, 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.