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According to the public record, 1, Anderson Way, Rainham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,426 ft2 of internal area and sits on a 196 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Anderson Way, Rainham is £534,927 and the estimated rental value is £2,697 per month.
Anderson Way, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
1, Anderson Way, Rainham has a single entry in the Land Registry from December 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 1, Anderson Way, Rainham is in very good condition we estimate a sale value of £561,673 and a rental value of £2,831 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,482 and a rental value of £2,508 per month.
Over the last 12 months the sale value of 1 Anderson Way Rainham has increased by an estimated £6,347 (1.2%) and its rental value has increased by an estimated £73 per month (2.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 1, Anderson Way, Rainham sits on a plot of 196m2.
We have plot size data on 7 out of 28 other houses in the postcode and 1, Anderson Way, Rainham sits on the largest plot.
According to HM Land Registry, 1, Anderson Way, Rainham was last sold on 22nd December 2020 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Anderson Way, Rainham within a radius of 530 metres over the last 2 years.
The most recent example is 32, Bridgend Crescent, Rainham, RM13 8XJ, a freehold house which sold for £525,000 on the 8th November 2023.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Anderson Way, Rainham, RM13 has a total of 28 addresses. According to our analysis of all the public data, 1, Anderson Way, Rainham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in RM13.
The nearest school is Park Primary Academy which is 206 metres away. The nearest train station is Dagenham Dock which is 1.4 kilometres away.
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