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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Parsonage Road, Rainham is £396,149 and the estimated rental value is £1,989 per month.
Parsonage Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
11, Parsonage Road, Rainham has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 11, Parsonage Road, Rainham is in very good condition we estimate a sale value of £415,956 and a rental value of £2,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,418 and a rental value of £1,850 per month.
Over the last 12 months the sale value of 11 Parsonage Road Rainham has increased by an estimated £8,173 (2.1%) and its rental value has increased by an estimated £73 per month (3.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 11, Parsonage Road, Rainham sits on a plot of 223m2.
We have plot size data on 31 out of 33 other houses in the postcode and 11, Parsonage Road, Rainham sits on the 31st largest plot.
11, Parsonage Road, Rainham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Sep 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 11, Parsonage Road, Rainham was last sold on 17th December 2021 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Parsonage Road, Rainham within a radius of 580 metres over the last 2 years.
The most recent example is 44, Parsonage Road, Rainham, RM13 9LN, a freehold house which sold for £425,000 on the 5th September 2022.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsonage Road, Rainham, RM13 has a total of 149 addresses. According to our analysis of all the public data, 11, Parsonage Road, Rainham is the 125th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in RM13.
The nearest school is Parsonage Farm Primary School which is 274 metres away. The nearest train station is Rainham (Essex) which is 1.3 kilometres away.
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