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According to the public record, 7, Bernice Close, Rainham is a modern apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Bernice Close, Rainham is £167,202 and the estimated rental value is £1,013 per month.
Bernice Close, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
7, Bernice Close, Rainham has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data 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.
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 7, Bernice Close, Rainham is in very good condition we estimate a sale value of £175,562 and a rental value of £1,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,498 and a rental value of £942 per month.
Over the last 12 months the sale value of 7 Bernice Close Rainham has increased by an estimated £3,756 (2.2%) and its rental value has increased by an estimated £41 per month (4.0%), giving an expected gross yield of 7.3%.
7, Bernice Close, Rainham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 7, Bernice Close, Rainham was last sold on 27th September 2001 for £59,995 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bernice Close, Rainham within a radius of 560 metres over the last 2 years.
The most recent example is 10, Bernice Close, Rainham, RM13 9JD, a leasehold flat which sold for £172,000 on the 29th September 2021.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bernice Close, Rainham, RM13 has a total of 22 addresses. According to our analysis of all the public data, 7, Bernice Close, Rainham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £242k less expensive than the average property in RM13.
The nearest school is Harris Academy Rainham which is 510 metres away. The nearest train station is Rainham (Essex) which is 1.1 kilometres away.
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