According to the public record, 62, First Avenue, Dagenham is a early-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 62, First Avenue, Dagenham, RM10.
First Avenue, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
62, First Avenue, Dagenham has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated August 2015.
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 62 First Avenue Dagenham as £165,194 and the rental value as £1,156 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 62 First Avenue Dagenham has increased by £161 (0.1%) and its rental value has increased by £64 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 62, First Avenue, Dagenham is in very good condition we estimate a sale value of £173,454 and rental value of £1,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,631 and a rental value of £1,075 per month.
If you were able to purchase this property for the estimated value of £165,194, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £812 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, 62, First Avenue, Dagenham was last sold on 09 Sep 2021 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, First Avenue, Dagenham within a radius of 620 metres over the last 2 years.
The most recent example is 13B, Oval Road South, Dagenham, RM10 9DP, a Leasehold flat which sold for £125,000 in Aug 2015.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
First Avenue, Dagenham, RM10 has a total of 94 addresses. According to our analysis of all the public data, 62, First Avenue, Dagenham is the 90th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in RM10.
62, First Avenue, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2015.
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 62, First Avenue, Dagenham is Dagenham Dock station which is 1.0 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 62, First Avenue, Dagenham, 40.3% of property is privately owned with a mortgage and 27.6% is privately 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 62, First Avenue, Dagenham, 30.6% of residents are recorded as possessing school level qualifications and 32.7% 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 62, First Avenue, Dagenham, the average age was 34.2 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 62, First Avenue, Dagenham, 1.0% 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 62, First Avenue, Dagenham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.