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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, Spencer Road, Rainham is £513,609 and the estimated rental value is £2,489 per month.
Spencer Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
2, Spencer Road, Rainham has no records in the the Land Registry and a single entry in the EPC database dated February 2014.
We combine this information with public data 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, Spencer Road, Rainham is in very good condition we estimate a sale value of £539,290 and a rental value of £2,614 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,657 and a rental value of £2,315 per month.
Over the last 12 months the sale value of 2 Spencer Road Rainham has increased by an estimated £6,094 (1.2%) and its rental value has increased by an estimated £67 per month (2.7%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 2, Spencer Road, Rainham sits on a plot of 819m2.
We have plot size data on 31 out of 32 other houses in the postcode and 2, Spencer Road, Rainham sits on the 2nd largest plot.
2, Spencer Road, Rainham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spencer Road, Rainham within a radius of 500 metres over the last 2 years.
The most recent example is 58, Askwith Road, Rainham, RM13 8ER, a freehold house which sold for £465,000 on the 5th September 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencer Road, Rainham, RM13 has a total of 97 addresses. According to our analysis of all the public data, 2, Spencer Road, Rainham is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in RM13.
The nearest school is Newtons Primary School which is 281 metres away. The nearest train station is Rainham (Essex) which is 1.6 kilometres away.
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