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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gerard Gardens, Rainham is £238,306 and the estimated rental value is £1,461 per month.
Gerard Gardens, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
2, Gerard Gardens, Rainham has 21 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated June 2016.
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 2, Gerard Gardens, Rainham is in very good condition we estimate a sale value of £250,222 and a rental value of £1,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,625 and a rental value of £1,358 per month.
Over the last 12 months the sale value of 2 Gerard Gardens Rainham has increased by an estimated £2,899 (1.2%) and its rental value has increased by an estimated £44 per month (3.0%), giving an expected gross yield of 7.4%.
2, Gerard Gardens, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Gerard Gardens, Rainham was last sold on 14th October 2016 for £223,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2016, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gerard Gardens, Rainham within a radius of 540 metres over the last 2 years.
The most recent example is 39, Gerard Gardens, Rainham, RM13 8NX, a leasehold flat which sold for £210,000 on the 19th July 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gerard Gardens, Rainham, RM13 has a total of 50 addresses. According to our analysis of all the public data, 2, Gerard Gardens, Rainham is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in RM13.
The nearest school is Newtons Primary School which is 496 metres away. The nearest train station is Rainham (Essex) which is 1.4 kilometres away.
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