583, Wood Lane
583, Wood Lane
Description & Estimates
Public records show 583, Wood Lane, Dagenham to be a modern freehold house with 1,528 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
583, Wood Lane, Dagenham has an estimated sale value of £563,159 and an estimated rental value of £2,851 per month, assuming reasonable condition and based on the information available.
Wood Lane, Dagenham, RM8 lies in the borough of Barking and Dagenham, within the RM8 postal district.
Our Data Sources
583, Wood Lane, Dagenham has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 583, Wood Lane, Dagenham would be worth £591,317, with a potential rental value of £2,994 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £523,738, with a rental value of £2,652 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 583, Wood Lane, Dagenham has declined by £4,914 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £56 (2.0%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
583, Wood Lane, Dagenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
583, Wood Lane, Dagenham last changed hands on 28th March 2019, selling for £465,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.4% since March 2019.
- Sold Mar 2019£465,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 583, Wood Lane, Dagenham across the last 2 years.
Most recently, 92, Temple Avenue, Dagenham, RM8 1LS, a freehold house, sold at £525,000 on the 11th November 2022.
Read more about house prices in RM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 583, Wood Lane, Dagenham as the 4th largest and the 2nd most expensive of the 294 addresses on Wood Lane, Dagenham, RM8.
Against the RM8 postcode district average, it is £198k more expensive than the typical property.
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Schools Nearby
- 300mWilliam Bellamy Primary School
- 800mFive Elms Primary School
- 800mGrafton Primary School
- 200mAll Saints Catholic School and Technology College
- 1.3kmSt Edward's Church of England Academy
- 1.9kmThe Warren School
More reading links
Public Transport Nearby
Chadwell Heath station is the nearest stop to 583, Wood Lane, Dagenham at 1.7 kilometres away.
- 1.7kmChadwell Heath
- 2.1kmDagenham East
- 2.2kmDagenham Heathway
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
