According to the public record, 2B, Lodge Avenue, Dagenham is a modern apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Lodge Avenue, Dagenham, RM8.
Lodge Avenue, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
2B, Lodge Avenue, Dagenham has no records in the Land Registry database and a single entry in the EPC database dated February 2019.
We combine this information with public data 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 Lodge Avenue Dagenham as £218,028 and the rental value as £997 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2B Lodge Avenue Dagenham has increased by £4,686 (2.1%) and its rental value has increased by £64 per month (6.4%).
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, Lodge Avenue, Dagenham is in very good condition we estimate a sale value of £228,929 and rental value of £1,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,766 and a rental value of £927 per month.
If you were able to purchase this property for the estimated value of £218,028, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,072 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2B, Lodge Avenue, Dagenham within a radius of 390 metres over the last 2 years.
The most recent example is 729, Longbridge Road, Dagenham, RM8 2DD, a Leasehold flat which sold for £199,995 in Feb 2016.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Avenue, Dagenham, RM8 has a total of 298 addresses. According to our analysis of all the public data, 2B, Lodge Avenue, Dagenham is the 85th largest and the 273rd most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in RM8.
2B, Lodge Avenue, Dagenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2019.
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, Lodge Avenue, Dagenham is Becontree station which is 1.5 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 2B, Lodge Avenue, Dagenham, 38.9% of property is socially rented and 28.8% is privately owned with a mortgage.
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, Lodge Avenue, Dagenham, 31.5% of residents are recorded as possessing school level qualifications and 30.6% 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, Lodge Avenue, Dagenham, the average age was 32.3 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 2B, Lodge Avenue, Dagenham, 1.1% 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, Lodge 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.