According to the public record, 7, Royal Parade, Dagenham is a period Leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 7, Royal Parade, Dagenham, RM10.
Royal Parade, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
7, Royal Parade, Dagenham has 51 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated April 2009.
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 7 Royal Parade Dagenham as £269,165 and the rental value as £1,600 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 7 Royal Parade Dagenham has increased by £151 (0.1%) and its rental value has increased by £94 per month (5.9%).
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 7, Royal Parade, Dagenham is in very good condition we estimate a sale value of £282,623 and rental value of £1,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,323 and a rental value of £1,488 per month.
If you were able to purchase this property for the estimated value of £269,165, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,323 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, 7, Royal Parade, Dagenham was last sold on 04 Apr 2014 for £170,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2014, the market for similar properties has risen 58.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Royal Parade, Dagenham within a radius of 390 metres over the last 2 years.
The most recent example is 166, Blackborne Road, Dagenham, RM10 8TH, a Leasehold flat which sold for £249,500 in Oct 2023.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Parade, Dagenham, RM10 has a total of 12 addresses. According to our analysis of all the public data, 7, Royal Parade, Dagenham is the largest and the most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in RM10.
7, Royal Parade, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2009.
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 7, Royal Parade, Dagenham is Dagenham East station which is 700 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 7, Royal Parade, Dagenham, 32.6% of property is privately owned outright and 29.1% 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 7, Royal Parade, Dagenham, 20.6% of residents are recorded as possessing school level qualifications and 25.2% 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 7, Royal Parade, Dagenham, the average age was 33.6 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 7, Royal Parade, 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 7, Royal Parade, 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.