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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
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According to the public record, 41, Spencer Road, Rainham is a modern freehold house with 1,248 ft2 of internal area.
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 41, Spencer Road, Rainham is £516,812 and the estimated rental value is £2,531 per month.
Spencer Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
41, Spencer Road, Rainham has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated July 2013.
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 41, Spencer Road, Rainham is in very good condition we estimate a sale value of £542,653 and a rental value of £2,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,635 and a rental value of £2,353 per month.
Over the last 12 months the sale value of 41 Spencer Road Rainham has increased by an estimated £6,132 (1.2%) and its rental value has increased by an estimated £69 per month (2.7%), giving an expected gross yield of 5.9%.
41, Spencer Road, Rainham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jul 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Spencer Road, Rainham was last sold on 24th June 2021 for £510,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Spencer Road, Rainham within a radius of 500 metres over the last 2 years.
The most recent example is 179, New Road, Rainham, RM13 8SH, a freehold house which sold for £900,000 on the 30th October 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, 41, Spencer Road, Rainham is the 12th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in RM13.
The nearest school is Newtons Primary School which is 322 metres away. The nearest train station is Rainham (Essex) which is 1.5 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.
