According to the public record, Flat 401, Loughborough House 2, Dagenham is a modern apartment with 753 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 401, Loughborough House 2, Dagenham has no records in the Land Registry database and a single entry in the EPC database dated March 2014.
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 Flat 401 Loughborough House 2 Dagenham as £262,149 and the rental value as £1,341 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 401 Loughborough House 2 Dagenham has decreased by £940 (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 401, Loughborough House 2, Dagenham is in very good condition we estimate a sale value of £275,257 and rental value of £1,408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,799 and a rental value of £1,247 per month.
If you were able to purchase this property for the estimated value of £262,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,288 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 3 sales of properties similar to Flat 401, Loughborough House 2, Dagenham within a radius of 390 metres over the last 2 years.
The most recent example is Flat 304, Roehampton House 39, Academy Way, Dagenham, RM8 2FJ, a Leasehold flat which sold for £210,000 in Jun 2023.
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 401, Loughborough House 2, Dagenham is the 116th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in RM8.
Flat 401, 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 401, 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 401, 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 401, 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 401, 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 401, 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 401, 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.