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By comparing it to neighbours, we estimate that it is a mid-century apartment with 666 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Gerard Gardens, Rainham is £244,381 and the estimated rental value is £1,362 per month.
Gerard Gardens, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
8, Gerard Gardens, Rainham has 21 entries in the Land Registry , most recently in February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 8, Gerard Gardens, Rainham is in very good condition we estimate a sale value of £256,600 and a rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,274 and a rental value of £1,267 per month.
Over the last 12 months the sale value of 8 Gerard Gardens Rainham has increased by an estimated £1,931 (0.8%) and its rental value has increased by an estimated £39 per month (2.9%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 8, Gerard Gardens, Rainham was last sold on 9th February 2007 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2007, the market for similar properties has risen 73.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gerard Gardens, Rainham within a radius of 550 metres over the last 2 years.
The most recent example is 39, Gerard Gardens, Rainham, RM13 8NX, a leasehold flat which sold for £210,000 on the 19th July 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gerard Gardens, Rainham, RM13 has a total of 50 addresses. According to our analysis of all the public data, 8, Gerard Gardens, Rainham is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in RM13.
The nearest school is Newtons Primary School which is 500 metres away. The nearest train station is Rainham (Essex) which is 1.4 kilometres away.
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