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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 38, Maytree Close, Rainham is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Maytree Close, Rainham is £263,429 and the estimated rental value is £1,514 per month.
Maytree Close, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
38, Maytree Close, Rainham has 51 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated August 2016.
We combine this information with that 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 38, Maytree Close, Rainham is in very good condition we estimate a sale value of £276,601 and a rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,989 and a rental value of £1,408 per month.
Over the last 12 months the sale value of 38 Maytree Close Rainham has increased by an estimated £3,205 (1.2%) and its rental value has increased by an estimated £45 per month (3.0%), giving an expected gross yield of 6.9%.
38, Maytree Close, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 38, Maytree Close, Rainham was last sold on 30th October 2023 for £284,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since October 2023, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Maytree Close, Rainham within a radius of 550 metres over the last 2 years.
The most recent example is 34, Maytree Close, Rainham, RM13 8EP, a leasehold flat which sold for £280,000 on the 13th September 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maytree Close, Rainham, RM13 has a total of 39 addresses. According to our analysis of all the public data, 38, Maytree Close, Rainham is the 36th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in RM13.
The nearest school is Newtons Primary School which is 657 metres away. The nearest train station is Rainham (Essex) which is 1.4 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.
