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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 Faray Terrace, Rainham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,173 ft2 of internal area and sits on a 220 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 2 Faray Terrace, Rainham is £452,014 and the estimated rental value is £2,356 per month.
Cherry Walk, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
2 Faray Terrace, Rainham has 2 entries in the Land Registry , most recently in August 2014 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 2 Faray Terrace, Rainham is in very good condition we estimate a sale value of £474,615 and a rental value of £2,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,373 and a rental value of £2,191 per month.
Over the last 12 months the sale value of 2 Faray Terrace Rainham has increased by an estimated £5,364 (1.2%) and its rental value has increased by an estimated £64 per month (2.7%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2 Faray Terrace, Rainham sits on a plot of 220m2.
We have plot size data on 12 out of 17 other houses in the postcode and 2 Faray Terrace, Rainham sits on the 3rd largest plot.
According to HM Land Registry, 2 Faray Terrace, Rainham was last sold on 29th August 2014 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2014, the market for similar properties has risen 71.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Faray Terrace, Rainham within a radius of 600 metres over the last 2 years.
The most recent example is 147, Cherry Tree Lane, Rainham, RM13 8TT, a freehold house which sold for £470,000 on the 20th January 2023.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Walk, Rainham, RM13 has a total of 17 addresses. According to our analysis of all the public data, 2 Faray Terrace, Rainham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in RM13.
The nearest school is La Salette Catholic Primary School which is 541 metres away. The nearest train station is Rainham (Essex) which is 1.2 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
