According to the public record, Flat 5, Pal House 18, Dagenham is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Pal House, Salisbury Road, Dagenham, RM10.
Salisbury Road, Dagenham, RM10 is located in the borough of Barking and Dagenham within the RM10 postal district.
Flat 5, Pal House 18, Dagenham has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated October 2017.
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 5 Pal House 18 Dagenham as £189,355 and the rental value as £1,340 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Flat 5 Pal House 18 Dagenham has decreased by £488 (0.3%) and its rental value has increased by £74 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 Flat 5, Pal House 18, Dagenham is in very good condition we estimate a sale value of £198,823 and rental value of £1,407 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,100 and a rental value of £1,246 per month.
If you were able to purchase this property for the estimated value of £189,355, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £931 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 5, Pal House 18, Dagenham was last sold on 01 Dec 2014 for £190,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 43.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Pal House 18, Dagenham within a radius of 370 metres over the last 2 years.
The most recent example is 63, Exeter Road, Dagenham, RM10 8TP, a Leasehold flat which sold for £178,300 in Mar 2023.
Read more about house prices in RM10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salisbury Road, Dagenham, RM10 has a total of 58 addresses. According to our analysis of all the public data, Flat 5, Pal House 18, Dagenham is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in RM10.
Flat 5, Pal House 18, Dagenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2017.
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 Flat 5, Pal House 18, Dagenham is Dagenham East station which is 600 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 Flat 5, Pal House 18, Dagenham, 32.2% of property is socially rented and 31.6% 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 Flat 5, Pal House 18, Dagenham, 28.8% of residents are recorded as possessing school level qualifications and 35.8% 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 5, Pal House 18, Dagenham, the average age was 33.6 and the most common age was 12.
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 5, Pal House 18, 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 Flat 5, Pal House 18, Dagenham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.