According to the public record, Flat 310, Loughborough House 2, Dagenham is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Loughborough House, Honour Gardens, Dagenham, RM8.
Honour Gardens, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
Flat 310, Loughborough House 2, Dagenham has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated March 2014.
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 Flat 310 Loughborough House 2 Dagenham as £266,017 and the rental value as £1,344 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 310 Loughborough House 2 Dagenham has decreased by £954 (0.4%) and its rental value has increased by £51 per month (3.8%).
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 Flat 310, Loughborough House 2, Dagenham is in very good condition we estimate a sale value of £279,318 and rental value of £1,412 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,396 and a rental value of £1,250 per month.
If you were able to purchase this property for the estimated value of £266,017, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,307 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, Flat 310, Loughborough House 2, Dagenham was last sold on 26 Nov 2013 for £181,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 61.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 310, Loughborough House 2, Dagenham within a radius of 390 metres over the last 2 years.
The most recent example is Flat 314, Loughborough House 2, Honour Gardens, Dagenham, RM8 2GJ, a Leasehold flat which sold for £210,000 in Jul 2021.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Honour Gardens, Dagenham, RM8 has a total of 194 addresses. According to our analysis of all the public data, Flat 310, Loughborough House 2, Dagenham is the 101st largest and the 95th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in RM8.
Flat 310, Loughborough House 2, Dagenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 310, Loughborough House 2, Dagenham is Upney station which is 1.4 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 Flat 310, Loughborough House 2, 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 Flat 310, Loughborough House 2, 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 Flat 310, Loughborough House 2, 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 Flat 310, Loughborough House 2, 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 Flat 310, Loughborough House 2, 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.