According to the public record, 2B, Essex Road, Dagenham is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 2, Essex Road, Dagenham, RM10.
Essex Road, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
2B, Essex Road, Dagenham has 21 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated February 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 2B Essex Road Dagenham as £203,979 and the rental value as £1,256 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 2B Essex Road Dagenham has decreased by £520 (0.3%) and its rental value has increased by £69 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 2B, Essex Road, Dagenham is in very good condition we estimate a sale value of £214,178 and rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,701 and a rental value of £1,168 per month.
If you were able to purchase this property for the estimated value of £203,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,002 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, 2B, Essex Road, Dagenham was last sold on 28 Sep 2020 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Essex Road, Dagenham within a radius of 520 metres over the last 2 years.
The most recent example is 14, Shafter Road, Dagenham, RM10 8SE, a Leasehold flat which sold for £185,000 in Aug 2023.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Essex Road, Dagenham, RM10 has a total of 31 addresses. According to our analysis of all the public data, 2B, Essex Road, Dagenham is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in RM10.
2B, Essex Road, Dagenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2020.
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 2B, Essex Road, Dagenham is Dagenham East station which is 300 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 2B, Essex Road, Dagenham, 43.5% of property is privately owned with a mortgage and 26.0% 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 2B, Essex Road, Dagenham, 25.6% of residents are recorded as possessing school level qualifications and 35.3% 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 2B, Essex 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 2B, Essex Road, 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 2B, Essex 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.