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According to the public record, 50B, Warwick Road, Rainham is a mid-century leasehold apartment with 592 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 50B, Warwick Road, Rainham is £230,755 and the estimated rental value is £1,417 per month.
The apartment is within 50, Warwick Road, Rainham, RM13.
Warwick Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
50B, Warwick Road, Rainham has 21 entries in the Land Registry , most recently in November 2010 and a single entry in the EPC database dated December 2021.
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 50B, Warwick Road, Rainham is in very good condition we estimate a sale value of £242,292 and a rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,602 and a rental value of £1,317 per month.
Over the last 12 months the sale value of 50B Warwick Road Rainham has increased by an estimated £2,807 (1.2%) and its rental value has increased by an estimated £42 per month (3.0%), giving an expected gross yield of 7.4%.
50B, Warwick Road, Rainham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 50B, Warwick Road, Rainham was last sold on 12th November 2010 for £90,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2010, the market for similar properties has risen 71.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50B, Warwick Road, Rainham within a radius of 640 metres over the last 2 years.
The most recent example is Flat 8, Kerry Court 254, Upminster Road North, Rainham, RM13 9JL, a leasehold flat which sold for £112,500 on the 25th November 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warwick Road, Rainham, RM13 has a total of 81 addresses. According to our analysis of all the public data, 50B, Warwick Road, Rainham is the 73rd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in RM13.
The nearest school is Parsonage Farm Primary School which is 434 metres away. The nearest train station is Rainham (Essex) which is 1.4 kilometres away.
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