According to the public record, Flat 53, Willow Court, Dagenham is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Willow Court, Spring Close, Dagenham, RM8.
Spring Close, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
Flat 53, Willow Court, Dagenham has 21 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated June 2022.
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 53 Willow Court Dagenham as £216,728 and the rental value as £1,202 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 53 Willow Court Dagenham has increased by £1,517 (0.7%) and its rental value has increased by £66 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 53, Willow Court, Dagenham is in very good condition we estimate a sale value of £227,564 and rental value of £1,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,557 and a rental value of £1,118 per month.
If you were able to purchase this property for the estimated value of £216,728, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,065 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 53, Willow Court, Dagenham was last sold on 27 Sep 2022 for £320,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 53, Willow Court, Dagenham within a radius of 450 metres over the last 2 years.
The most recent example is Flat 43, Willow Court, Spring Close, Dagenham, RM8 1SW, a Leasehold flat which sold for £300,000 in Nov 2022.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Close, Dagenham, RM8 has a total of 121 addresses. According to our analysis of all the public data, Flat 53, Willow Court, Dagenham is the 2nd largest and the 11th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in RM8.
Flat 53, Willow Court, Dagenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 53, Willow Court, Dagenham is Chadwell Heath station which is 100 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 53, Willow Court, Dagenham, 34.8% of property is privately rented and 28.9% 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 53, Willow Court, Dagenham, 21.2% of residents are recorded as possessing school level qualifications and 42.4% 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 53, Willow Court, Dagenham, the average age was 35.3 and the most common age was 32.
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 53, Willow Court, Dagenham, 0.4% 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 53, Willow Court, Dagenham, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.