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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 7, Lovell Walk, Rainham is £604,940 and the estimated rental value is £2,840 per month.
Lovell Walk, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
7, Lovell Walk, Rainham has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated October 2023.
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.
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, Lovell Walk, Rainham is in very good condition we estimate a sale value of £635,188 and a rental value of £2,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,595 and a rental value of £2,642 per month.
Over the last 12 months the sale value of 7 Lovell Walk Rainham has increased by an estimated £7,178 (1.2%) and its rental value has increased by an estimated £77 per month (2.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 7, Lovell Walk, Rainham sits on a plot of 227m2.
We have plot size data on 34 out of 34 other houses in the postcode and 7, Lovell Walk, Rainham sits on the 19th largest plot.
7, Lovell Walk, Rainham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 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, 7, Lovell Walk, Rainham was last sold on 12th September 2023 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lovell Walk, Rainham within a radius of 570 metres over the last 2 years.
The most recent example is 31, Lovell Walk, Rainham, RM13 7ND, a freehold house which sold for £607,000 on the 30th January 2023.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lovell Walk, Rainham, RM13 has a total of 35 addresses. According to our analysis of all the public data, 7, Lovell Walk, Rainham is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £196k more expensive than the average property in RM13.
The nearest school is Scargill Infant School which is 400 metres away. The nearest train station is Elm Park which is 1.0 kilometres away.
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