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According to the public record, 154, Parsonage Road, Rainham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 621 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 154, Parsonage Road, Rainham is £223,148 and the estimated rental value is £1,418 per month.
The apartment is within 154, Parsonage Road, Rainham, RM13.
Parsonage Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
154, Parsonage Road, Rainham has 31 entries in the Land Registry , most recently in November 2009 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 2 out of 5 and is considered of medium 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 154, Parsonage Road, Rainham is in very good condition we estimate a sale value of £234,305 and a rental value of £1,489 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,528 and a rental value of £1,319 per month.
Over the last 12 months the sale value of 154 Parsonage Road Rainham has increased by an estimated £2,715 (1.2%) and its rental value has increased by an estimated £42 per month (3.0%), giving an expected gross yield of 7.6%.
According to HM Land Registry, 154, Parsonage Road, Rainham was last sold on 10th November 2009 for £144,995 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2009, the market for similar properties has risen 75.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 154, Parsonage Road, Rainham within a radius of 760 metres over the last 2 years.
The most recent example is 152A, Parsonage Road, Rainham, RM13 9LB, a leasehold flat which sold for £220,000 on the 12th September 2024.
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, 154, Parsonage Road, Rainham is the 139th largest and the 146th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in RM13.
The nearest school is Parsonage Farm Primary School which is 348 metres away. The nearest train station is Rainham (Essex) which is 1.7 kilometres away.
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