According to the public record, 575, Heathway, Dagenham is a early-century Leasehold apartment with 785 ft2 of internal area.
Apartments 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.
575, Heathway, Dagenham has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated February 2024.
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 575 Heathway Dagenham as £233,586 and the rental value as £1,606 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 575 Heathway Dagenham has increased by £3,216 (1.4%) and its rental value has increased by £103 per month (6.4%).
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 575, Heathway, Dagenham is in very good condition we estimate a sale value of £245,265 and rental value of £1,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,235 and a rental value of £1,493 per month.
If you were able to purchase this property for the estimated value of £233,586, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,148 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, 575, Heathway, Dagenham was last sold on 20 Dec 2013 for £145,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 71.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 575, Heathway, Dagenham within a radius of 420 metres over the last 2 years.
The most recent example is 3 Beacon House, Marston Avenue, Dagenham, RM10 7FR, a Leasehold flat which sold for £270,000 in Dec 2017.
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, 575, Heathway, Dagenham is the 204th largest and the 270th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in RM9.
575, Heathway, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2024.
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 575, Heathway, Dagenham is Dagenham Heathway station which is 1.2 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 575, 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 575, 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 575, 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 575, 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 575, 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.