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According to the public record, 2, Lakefields Close, Rainham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,005 ft2 of internal area and sits on a 250 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lakefields Close, Rainham is £457,559 and the estimated rental value is £2,228 per month.
Lakefields Close, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
2, Lakefields Close, Rainham has 41 entries in the Land Registry , most recently in May 2012 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 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, Lakefields Close, Rainham is in very good condition we estimate a sale value of £480,437 and a rental value of £2,340 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,530 and a rental value of £2,072 per month.
Over the last 12 months the sale value of 2 Lakefields Close Rainham has increased by an estimated £9,440 (2.1%) and its rental value has increased by an estimated £81 per month (3.7%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 2, Lakefields Close, Rainham sits on a plot of 250m2.
We have plot size data on 36 out of 36 other houses in the postcode and 2, Lakefields Close, Rainham sits on the 31st largest plot.
According to HM Land Registry, 2, Lakefields Close, Rainham was last sold on 17th May 2012 for £237,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2012, the market for similar properties has risen 113.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lakefields Close, Rainham within a radius of 970 metres over the last 2 years.
The most recent example is 43, Thorn Lane, Rainham, RM13 9SJ, a freehold house which sold for £410,000 on the 19th December 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakefields Close, Rainham, RM13 has a total of 36 addresses. According to our analysis of all the public data, 2, Lakefields Close, Rainham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in RM13.
The nearest school is Parsonage Farm Primary School which is 743 metres away. The nearest train station is Rainham (Essex) which is 2.2 kilometres away.
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