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According to the public record, 5, Thorn Lane, Rainham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,292 ft2 of internal area and sits on a 310 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Thorn Lane, Rainham is £494,813 and the estimated rental value is £2,500 per month.
Thorn Lane, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
5, Thorn Lane, Rainham has 31 entries in the Land Registry , most recently in November 2011 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 5, Thorn Lane, Rainham is in very good condition we estimate a sale value of £519,554 and a rental value of £2,624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,176 and a rental value of £2,325 per month.
Over the last 12 months the sale value of 5 Thorn Lane Rainham has increased by an estimated £5,871 (1.2%) and its rental value has increased by an estimated £68 per month (2.7%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 5, Thorn Lane, Rainham sits on a plot of 310m2.
We have plot size data on 16 out of 19 other houses in the postcode and 5, Thorn Lane, Rainham sits on the 4th largest plot.
According to HM Land Registry, 5, Thorn Lane, Rainham was last sold on 4th November 2011 for £250,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2011, the market for similar properties has risen 95.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Thorn Lane, Rainham within a radius of 630 metres over the last 2 years.
The most recent example is 35, Mygrove Gardens, Rainham, RM13 9QT, a freehold house which sold for £340,000 on the 25th February 2022.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorn Lane, Rainham, RM13 has a total of 44 addresses. According to our analysis of all the public data, 5, Thorn Lane, Rainham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in RM13.
The nearest school is Parsonage Farm Primary School which is 322 metres away. The nearest train station is Rainham (Essex) which is 1.8 kilometres away.
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