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Parchment House Lance Street is a residential building situated on Lance Street, Rainham, RM13 with 23 addresses.
It ranks as the 280th largest and 255th most expensive of the 312 buildings in the RM13 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 23 properties: 23 flats.
Parchment House Lance Street is a residential building situated on Lance Street, Rainham, RM13 with 23 addresses.
It ranks as the 280th largest and 255th most expensive of the 312 buildings in the RM13 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 23 properties: 23 flats.
Sale prices range from £303,423 for 2 bedroom leasehold flats (656 ft2) to £309,166 for 2 bedroom leasehold flats (678 ft2) .
Monthly rental prices range from £1,426 pcm for 2 bed flats to £1,444 pcm for 2 bed flats.
The gross rental yield is between 5.6% and 5.6%.
The average value per square foot is £462.
The last sale in Parchment House Lance Street sold for £300,000 on 23rd December 2021. Since then prices are up an average of 3.1%.
The current average value in the building is £304,547.
The Parchment House Lance Street Sales Market has increased by 16.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £304,547 |
| May 2025 | 0.3% | £306,171 |
| May 2024 | -0.2% | £305,254 |
| May 2023 | -1.3% | £305,998 |
| May 2022 | 8.9% | £310,082 |
| May 2021 | 2.6% | £284,698 |
| May 2020 | 2.1% | £277,538 |
| May 2019 | -0.3% | £271,805 |
| May 2018 | 1.3% | £272,507 |
| May 2017 | 2.8% | £268,991 |
| May 2016 | 16.7% | £261,595 |
| May 2015 | 11.4% | £224,127 |
| May 2014 | 12.7% | £201,254 |
| May 2013 | 2.8% | £178,630 |
| May 2012 | 1.4% | £173,687 |
| May 2011 | -1.5% | £171,280 |
| May 2010 | 4.1% | £173,940 |
| May 2009 | -14.7% | £167,150 |
| May 2008 | 2.3% | £195,851 |
| May 2007 | 0% | £191,480 |
The current average rental value in the building is £1,430.
The Parchment House Lance Street Rental Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £1,430pcm |
| May 2025 | 3.7% | £1,403pcm |
| May 2024 | 8.7% | £1,352pcm |
| May 2023 | 10.1% | £1,244pcm |
| May 2022 | 4.8% | £1,130pcm |
| May 2021 | 0.1% | £1,078pcm |
| May 2020 | 1.5% | £1,077pcm |
| May 2019 | 1.2% | £1,061pcm |
| May 2018 | -0.4% | £1,048pcm |
| May 2017 | -0.7% | £1,052pcm |
| May 2016 | 7% | £1,059pcm |
| May 2015 | 7.1% | £990pcm |
| May 2014 | 3.3% | £924pcm |
| May 2013 | 2.2% | £894pcm |
| May 2012 | 5.7% | £875pcm |
| May 2011 | 4% | £828pcm |
| May 2010 | 4.1% | £795pcm |
| May 2009 | -3.5% | £764pcm |
| May 2008 | 6% | £791pcm |
| May 2007 | 0% | £747pcm |
The last sale was on 23rd December 2021 for £300,000 and since then the market in the area has increased by 3.1%. The building has had a total of 8 sales since 1995.
Parchment House, Lance Street, Rainham, RM13 8LQ has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Parchment House, Lance Street, Rainham, RM13 8LQ is Rainham (Essex) station which is 500 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Parchment House, Lance Street, Rainham, RM13 8LQ, % of property is and % is .
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 Parchment House, Lance Street, Rainham, RM13 8LQ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Parchment House, Lance Street, Rainham, RM13 8LQ, 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 Parchment House, Lance Street, Rainham, RM13 8LQ, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.