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According to the public record, 23A, Ongar Way, Rainham is a mid-century leasehold apartment with 484 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 23A, Ongar Way, Rainham is £186,883 and the estimated rental value is £1,271 per month.
The apartment is within 23, Ongar Way, Rainham, RM13.
Ongar Way, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
23A, Ongar Way, Rainham has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 23A, Ongar Way, Rainham is in very good condition we estimate a sale value of £196,227 and a rental value of £1,334 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,801 and a rental value of £1,182 per month.
Over the last 12 months the sale value of 23A Ongar Way Rainham has increased by an estimated £2,273 (1.2%) and its rental value has increased by an estimated £38 per month (3.0%), giving an expected gross yield of 8.2%.
23A, Ongar Way, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Feb 2018.
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, 23A, Ongar Way, Rainham was last sold on 10th August 2018 for £160,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2018, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23A, Ongar Way, Rainham within a radius of 640 metres over the last 2 years.
The most recent example is 91, Ongar Way, Rainham, RM13 7YR, a leasehold flat which sold for £165,000 on the 23rd February 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ongar Way, Rainham, RM13 has a total of 71 addresses. According to our analysis of all the public data, 23A, Ongar Way, Rainham is the 62nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in RM13.
The nearest school is The Brittons Academy which is 441 metres away. The nearest train station is Dagenham East which is 1.7 kilometres away.
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