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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
According to the public record, 24, Rainham Close is a mid-century freehold house with 1,603 ft2 of internal area and sits on a 337 m2 plot.
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 24, Rainham Close is £543,021 and the estimated rental value is £2,610 per month.
Rainham Close, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
24, Rainham Close has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 24, Rainham Close is in very good condition we estimate a sale value of £570,172 and a rental value of £2,741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £505,009 and a rental value of £2,427 per month.
Over the last 12 months the sale value of 24 Rainham Close has decreased by an estimated £2,544 (0.5%) and its rental value has increased by an estimated £99 per month (3.8%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 24, Rainham Close sits on a plot of 337m2.
We have plot size data on 16 out of 23 other houses in the postcode and 24, Rainham Close sits on the 4th largest plot.
24, Rainham Close has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Mar 2015.
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, 24, Rainham Close was last sold on 5th March 2019 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2019, the market for similar properties has risen 23.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Rainham Close within a radius of 440 metres over the last 2 years.
The most recent example is 256, Avery Hill Road, London, SE9 2JL, a leasehold house which sold for £740,000 on the 18th July 2022.
Read more about house prices in SE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainham Close, London, SE9 has a total of 23 addresses. According to our analysis of all the public data, 24, Rainham Close is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in SE9.
The closest station to 24, Rainham Close is Falconwood station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 24, Rainham Close, 56.5% of property is socially rented and 15.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 24, Rainham Close, 19.1% of residents are recorded as possessing school level qualifications and 26.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, Rainham Close, the average age was 35.7 and the most common age was 22.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 24, Rainham Close, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 24, Rainham Close, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
