587, Wood Lane
587, Wood Lane
Description & Estimates
587, Wood Lane, Dagenham is recorded publicly as a modern freehold house across 1,119 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 587, Wood Lane, Dagenham is £474,620 and its rental estimate is £2,412 per month, given the available information and assuming reasonable condition.
Wood Lane, Dagenham, RM8 falls within the RM8 postal district, in the borough of Barking and Dagenham.
Our Data Sources
587, 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 587, Wood Lane, Dagenham, we estimate a market value of £498,351 and a rental value of £2,532 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £441,397 and £2,243 per month respectively.
Recent Market Change
Over the last year, 587, Wood Lane, Dagenham has seen its estimated sale value move down by £4,141 (0.9%) and its estimated rental value increase by £48 per month (2.0%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
587, Wood Lane, Dagenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of 587, Wood Lane, Dagenham completed on 15th March 2019 at £410,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 22.4% over the period since March 2019.
- Sold Mar 2019£410,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 587, Wood Lane, Dagenham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th March 2026, was 25, Althorne Way, Dagenham, RM10 7FT, a freehold house which sold for £450,000.
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
Of the 294 addresses on Wood Lane, Dagenham, RM8, 587, Wood Lane, Dagenham comes out as the 50th largest and the 24th most expensive in our analysis of the public data.
It is also £110k more expensive than the average property across the RM8 district.
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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
From 587, Wood Lane, Dagenham, the nearest station is Chadwell Heath, 1.7 kilometres away.
- 1.7kmChadwell Heath
- 2.1kmDagenham East
- 2.2kmDagenham Heathway
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
