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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Anderson Way, Rainham is £546,295 and the estimated rental value is £2,754 per month.
Anderson Way, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
2, Anderson Way, Rainham has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property 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 2, Anderson Way, Rainham is in very good condition we estimate a sale value of £573,610 and a rental value of £2,892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £508,054 and a rental value of £2,561 per month.
Over the last 12 months the sale value of 2 Anderson Way Rainham has increased by an estimated £6,482 (1.2%) and its rental value has increased by an estimated £75 per month (2.7%), giving an expected gross yield of 6%.
2, Anderson Way, Rainham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Anderson Way, Rainham was last sold on 23rd March 2022 for £545,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Anderson Way, Rainham within a radius of 520 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, 2, Anderson Way, Rainham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £137k 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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