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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 48, Penerley Road, Rainham is £554,627 and the estimated rental value is £2,677 per month.
Penerley Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
48, Penerley Road, Rainham has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated April 2021.
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 48, Penerley Road, Rainham is in very good condition we estimate a sale value of £582,358 and a rental value of £2,811 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,803 and a rental value of £2,490 per month.
Over the last 12 months the sale value of 48 Penerley Road Rainham has increased by an estimated £6,581 (1.2%) and its rental value has increased by an estimated £72 per month (2.7%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 48, Penerley Road, Rainham sits on a plot of 348m2.
We have plot size data on 33 out of 34 other houses in the postcode and 48, Penerley Road, Rainham sits on the largest plot.
48, Penerley Road, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2021.
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, 48, Penerley Road, Rainham was last sold on 31st January 2022 for £535,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Penerley Road, Rainham within a radius of 720 metres over the last 2 years.
The most recent example is 204, Wennington Road, Rainham, RM13 9UU, a freehold house which sold for £580,000 on the 30th October 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penerley Road, Rainham, RM13 has a total of 74 addresses. According to our analysis of all the public data, 48, Penerley Road, Rainham is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in RM13.
The nearest school is Brady Primary School which is 115 metres away. The nearest train station is Rainham (Essex) which is 1.0 kilometres away.
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