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Company No. 11113204
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According to the public record, 4, Spencer Road, Rainham is a early-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Spencer Road, Rainham is £250,288 and the estimated rental value is £1,479 per month.
The apartment is within 4, Spencer Road, Rainham, RM13.
Spencer Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
4, Spencer Road, Rainham has 2 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, Spencer Road, Rainham is in very good condition we estimate a sale value of £262,802 and a rental value of £1,553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,768 and a rental value of £1,375 per month.
Over the last 12 months the sale value of 4 Spencer Road Rainham has increased by an estimated £463 (0.2%) and its rental value has increased by an estimated £25 per month (1.7%), giving an expected gross yield of 7.1%.
4, Spencer Road, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2019.
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, 4, Spencer Road, Rainham was last sold on 25th October 2019 for £240,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2019, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Spencer Road, Rainham within a radius of 500 metres over the last 2 years.
The most recent example is 153A, New Road, Rainham, RM13 8SH, a leasehold flat which sold for £240,000 on the 16th January 2020.
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, 4, Spencer Road, Rainham is the 85th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £159k less 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.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
