According to the public record, 94, Shafter Road, Dagenham is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Shafter Road, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
94, Shafter Road, Dagenham has 21 entries in the Land Registry database, most recently in March 2012 and a single entry in the EPC database dated December 2020.
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 94 Shafter Road Dagenham as £241,053 and the rental value as £1,454 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 94 Shafter Road Dagenham has decreased by £426 (0.2%) and its rental value has increased by £81 per month (5.6%).
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 94, Shafter Road, Dagenham is in very good condition we estimate a sale value of £253,105 and rental value of £1,527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,179 and a rental value of £1,353 per month.
If you were able to purchase this property for the estimated value of £241,053, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,185 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, 94, Shafter Road, Dagenham was last sold on 02 Mar 2012 for £117,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2012, the market for similar properties has risen 93.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 94, Shafter Road, Dagenham within a radius of 420 metres over the last 2 years.
The most recent example is 70, Shafter Road, Dagenham, RM10 8SE, a Leasehold flat which sold for £235,000 in Sep 2020.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shafter Road, Dagenham, RM10 has a total of 140 addresses. According to our analysis of all the public data, 94, Shafter Road, Dagenham is the 48th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in RM10.
94, Shafter Road, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 94, Shafter Road, Dagenham is Dagenham East station which is 200 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 94, Shafter Road, Dagenham, 55.6% of property is privately rented and 22.9% 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 94, Shafter Road, Dagenham, 25.1% of residents are recorded as possessing school level qualifications and 34.7% 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 94, Shafter Road, Dagenham, the average age was 36.3 and the most common age was 37.
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 94, Shafter Road, 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 94, Shafter Road, Dagenham, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.