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According to the public record, 59, Parsonage Road, Rainham is a early-century freehold house with 1,722 ft2 of internal area and sits on a 921 m2 plot.
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 59, Parsonage Road, Rainham is £682,461 and the estimated rental value is £3,149 per month.
Parsonage Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
59, Parsonage Road, Rainham has 21 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 59, Parsonage Road, Rainham is in very good condition we estimate a sale value of £716,584 and a rental value of £3,307 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £634,688 and a rental value of £2,929 per month.
Over the last 12 months the sale value of 59 Parsonage Road Rainham has increased by an estimated £8,098 (1.2%) and its rental value has increased by an estimated £85 per month (2.7%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 59, Parsonage Road, Rainham sits on a plot of 921m2.
We have plot size data on 26 out of 27 other houses in the postcode and 59, Parsonage Road, Rainham sits on the 2nd largest plot.
59, Parsonage Road, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2023.
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, 59, Parsonage Road, Rainham was last sold on 22nd September 2023 for £650,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Parsonage Road, Rainham within a radius of 620 metres over the last 2 years.
The most recent example is 3, Farm Road, Rainham, RM13 9JU, a freehold house which sold for £646,500 on the 12th March 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsonage Road, Rainham, RM13 has a total of 149 addresses. According to our analysis of all the public data, 59, Parsonage Road, Rainham is the 10th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in RM13.
The nearest school is Parsonage Farm Primary School which is 222 metres away. The nearest train station is Rainham (Essex) which is 1.3 kilometres away.
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