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By comparing it to neighbours, we estimate that it is a mid-century apartment with 679 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 40, Maytree Close, Rainham is £263,881 and the estimated rental value is £1,516 per month.
Maytree Close, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
40, Maytree Close, Rainham has 31 entries in the Land Registry , most recently in January 2008 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 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 40, Maytree Close, Rainham is in very good condition we estimate a sale value of £277,075 and a rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,409 and a rental value of £1,410 per month.
Over the last 12 months the sale value of 40 Maytree Close Rainham has increased by an estimated £3,210 (1.2%) and its rental value has increased by an estimated £45 per month (3.0%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 40, Maytree Close, Rainham was last sold on 11th January 2008 for £165,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2008, the market for similar properties has risen 58.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Maytree Close, Rainham within a radius of 560 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, 40, Maytree Close, Rainham is the 35th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £145k 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.
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