According to the public record, 74, Mayfield Road, Dagenham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 906 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mayfield Road, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
74, Mayfield Road, Dagenham has 2 entries in the Land Registry database, most recently in April 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 74 Mayfield Road Dagenham as £375,529 and the rental value as £1,784 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 74 Mayfield Road Dagenham has increased by £779 (0.2%) and its rental value has increased by £90 per month (5.0%).
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 74, Mayfield Road, Dagenham is in very good condition we estimate a sale value of £394,306 and rental value of £1,873 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,242 and a rental value of £1,659 per month.
If you were able to purchase this property for the estimated value of £375,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,846 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, 74, Mayfield Road, Dagenham was last sold on 30 Apr 2014 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 66.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Mayfield Road, Dagenham within a radius of 410 metres over the last 2 years.
The most recent example is 32, Chadway, Dagenham, RM8 1UH, a Freehold house which sold for £440,000 in Jan 2023.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mayfield Road, Dagenham, RM8 has a total of 119 addresses. According to our analysis of all the public data, 74, Mayfield Road, Dagenham is the 73rd largest and the 101st most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in RM8.
The closest station to 74, Mayfield Road, Dagenham is Chadwell Heath station which is 500 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 74, Mayfield Road, Dagenham, 30.7% of property is privately owned with a mortgage and 26.6% is privately owned outright.
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 74, Mayfield Road, Dagenham, 24.3% of residents are recorded as possessing school level qualifications and 25.5% 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 74, Mayfield Road, Dagenham, the average age was 33.4 and the most common age was 7.
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 74, Mayfield Road, 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 74, Mayfield Road, Dagenham, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.