Merchants House, Heriot Road - RM13 8QG
Key Building Insights
Merchants House, Heriot Road is a residential building situated on Heriot Road, Rainham, RM13 with 19 addresses.
It ranks as the 272nd largest and 259th most expensive of the 312 buildings in the RM13 area. The most common property type is a modern flat built after 1980.
The building contains a total of 19 properties: 19 flats.
- Ave. Sale Price
- £306,961
- 10 Year change
- up 14.7%
- Ave. Rental Price
- £1,441pcm
- 10 Year change
- up 35.0%
- Ave. £ per ft²
- £469/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Building Insights
Merchants House, Heriot Road is a residential building situated on Heriot Road, Rainham, RM13 with 19 addresses.
It ranks as the 272nd largest and 259th most expensive of the 312 buildings in the RM13 area. The most common property type is a modern flat built after 1980.
The building contains a total of 19 properties: 19 flats.
- Ave. Sale Price
- £306,961
- 10 Year change
- up 14.7%
- Ave. Rental Price
- £1,441pcm
- 10 Year change
- up 35.0%
- Ave. £ per ft²
- £469/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertieson Heriot Road, Rainham, RM13
- Flat 1, Merchants House 19 Heriot Road
2 Bed Modern Flat
- Flat 2, Merchants House 19 Heriot Road
2 Bed Modern Flat
- Flat 3, Merchants House 19 Heriot Road
2 Bed Modern Flat
- Flat 4, Merchants House 19 Heriot Road
2 Bed Modern Flat
- Flat 5, Merchants House 19 Heriot Road
2 Bed Modern Flat
Sales Market Trends
The last sale in Merchants House, Heriot Road sold for £317,500 on 7th July 2022. Since then prices are down an average of 4.2%.
The current average value in the building is £306,961.
The Merchants House, Heriot Road Sales Market has increased by 14.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £306,961 |
| June 2025 | -0.3% | £311,294 |
| June 2024 | 0.6% | £312,164 |
| June 2023 | -2.7% | £310,185 |
| June 2022 | 9.7% | £318,695 |
| June 2021 | 2.2% | £290,516 |
| June 2020 | 2.9% | £284,165 |
| June 2019 | -0.6% | £276,254 |
| June 2018 | 1.6% | £278,007 |
| June 2017 | 2.2% | £273,612 |
| June 2016 | 15.5% | £267,641 |
| June 2015 | 11.6% | £231,692 |
| June 2014 | 13.4% | £207,660 |
| June 2013 | 2.6% | £183,063 |
| June 2012 | 1.8% | £178,486 |
| June 2011 | -2.1% | £175,317 |
| June 2010 | 5.2% | £179,144 |
| June 2009 | -14.1% | £170,304 |
| June 2008 | 0.2% | £198,144 |
| June 2007 | 0% | £197,769 |
Rental Market Trends
The current average rental value in the building is £1,441.
The Merchants House, Heriot Road Rental Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,441pcm |
| June 2025 | 2.7% | £1,411pcm |
| June 2024 | 8.2% | £1,374pcm |
| June 2023 | 10.3% | £1,270pcm |
| June 2022 | 5.7% | £1,151pcm |
| June 2021 | 0% | £1,089pcm |
| June 2020 | 1.6% | £1,090pcm |
| June 2019 | 1.3% | £1,072pcm |
| June 2018 | -0.4% | £1,058pcm |
| June 2017 | -0.5% | £1,062pcm |
| June 2016 | 6% | £1,067pcm |
| June 2015 | 7.1% | £1,007pcm |
| June 2014 | 3.5% | £941pcm |
| June 2013 | 2% | £909pcm |
| June 2012 | 5.6% | £890pcm |
| June 2011 | 4.1% | £843pcm |
| June 2010 | 4.5% | £810pcm |
| June 2009 | -3.5% | £775pcm |
| June 2008 | 5.5% | £803pcm |
| June 2007 | 0% | £761pcm |
Sales History
The last sale was on 7th July 2022 for £317,500 and since then the market in the area has decreased by 4.2%. The building has had a total of 19 sales since 1995.
Merchants House, Heriot Road, Rainham, RM13 8QG has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£317,500 | 2 Bed FlatFlat 4, Merchants House 19, Heriot Road, Rainham, RM13 8QGFlat 4, Merchants House 19, Heriot Road, Rainham, RM13 8QG
- Sold Jun 2022£325,000 | 2 Bed FlatFlat 17, Merchants House 19, Heriot Road, Rainham, RM13 8QGFlat 17, Merchants House 19, Heriot Road, Rainham, RM13 8QG
- Sold May 2022£317,500 | 2 Bed FlatFlat 2, Merchants House 19, Heriot Road, Rainham, RM13 8QGFlat 2, Merchants House 19, Heriot Road, Rainham, RM13 8QG
- Sold May 2022£325,000 | 2 Bed FlatFlat 19, Merchants House 19, Heriot Road, Rainham, RM13 8QGFlat 19, Merchants House 19, Heriot Road, Rainham, RM13 8QG
- Sold May 2022£325,000 | 2 Bed FlatFlat 18, Merchants House 19, Heriot Road, Rainham, RM13 8QGFlat 18, Merchants House 19, Heriot Road, Rainham, RM13 8QG
Property Types
- 19 modern flats built after 1980
- modern flat (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (19)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Aug 2021£430,000 | 4 Bed House16, Heriot Road, Rainham, RM13 8PY16, Heriot Road, Rainham, RM13 8PY
- Sold Aug 2021£420,000 | 4 Bed House15, Heriot Road, Rainham, RM13 8PY15, Heriot Road, Rainham, RM13 8PY
- Sold Aug 2021£420,000 | 4 Bed House13, Heriot Road, Rainham, RM13 8PY13, Heriot Road, Rainham, RM13 8PY
Schools Nearby
- La Salette Catholic Primary School500 m away
- Rainham Village Primary School600 m away
- Brady Primary School1.3 km away
- Harris Academy Rainham1.3 km away
- The Brittons Academy1.9 km away
- Dagenham Park CofE School2.8 km away
More reading links
Public Transport Nearby
The closest station to Merchants House, Heriot Road, Rainham, RM13 8QG is Rainham (Essex) station, which is 300 metres away.
- Rainham (Essex)|300 m away
- Dagenham Dock|3.0 km away
- Dagenham East|3.1 km away
- Elm Park|3.5 km away
