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According to the public record, 128, Lake Avenue, Rainham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,138 ft2 of internal area and sits on a 474 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 128, Lake Avenue, Rainham is £524,939 and the estimated rental value is £2,285 per month.
Lake Avenue, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
128, Lake Avenue, Rainham has 3 entries in the Land Registry , most recently in June 2013 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 1 out of 5 and is considered of low 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 128, Lake Avenue, Rainham is in very good condition we estimate a sale value of £551,185 and a rental value of £2,399 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,193 and a rental value of £2,125 per month.
Over the last 12 months the sale value of 128 Lake Avenue Rainham has increased by an estimated £3,942 (0.8%) and its rental value has increased by an estimated £66 per month (2.9%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 128, Lake Avenue, Rainham sits on a plot of 474m2.
We have plot size data on 29 out of 31 other houses in the postcode and 128, Lake Avenue, Rainham sits on the 9th largest plot.
According to HM Land Registry, 128, Lake Avenue, Rainham was last sold on 27th June 2013 for £280,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2013, the market for similar properties has risen 90.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 128, Lake Avenue, Rainham within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 40, Cardinal Way, Rainham, RM13 9RB, a freehold house which sold for £430,000 on the 16th June 2023.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lake Avenue, Rainham, RM13 has a total of 130 addresses. According to our analysis of all the public data, 128, Lake Avenue, Rainham is the 48th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in RM13.
The nearest school is Parsonage Farm Primary School which is 700 metres away. The nearest train station is Rainham (Essex) which is 2.2 kilometres away.
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