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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 12A, Spinney Close, Rainham is a modern Leasehold apartment with 1,003 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12A, Spinney Close, Rainham is £377,015 and the estimated rental value is £2,008 per month.
The apartment is within 12, Spinney Close, Rainham, RM13.
Spinney Close, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
12A, Spinney Close, Rainham has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 12A, Spinney Close, Rainham is in very good condition we estimate a sale value of £395,866 and a rental value of £2,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,624 and a rental value of £1,867 per month.
Over the last 12 months the sale value of 12A Spinney Close Rainham has increased by an estimated £2,189 (0.6%) and its rental value has increased by an estimated £45 per month (2.2%), giving an expected gross yield of 6.4%.
12A, Spinney Close, Rainham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Aug 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12A, Spinney Close, Rainham was last sold on 12th April 2021 for £415,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 12A, Spinney Close, Rainham within a radius of 570 metres over the last 2 years.
The most recent example is Flat 7, Pope Court 120, Cherry Tree Lane, Rainham, RM13 8TS, a leasehold flat which sold for £162,000 on the 6th December 2013.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spinney Close, Rainham, RM13 has a total of 16 addresses. According to our analysis of all the public data, 12A, Spinney Close, Rainham is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in RM13.
The nearest school is Newtons Primary School which is 629 metres away. The nearest train station is Rainham (Essex) which is 1.3 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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