Flat 1, Heathcote House 1
Flat 1, Heathcote House 1
Description & Estimates
Public records show Flat 1, Heathcote House 1, Rainham to be a modern leasehold apartment with 753 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, Heathcote House 1, Rainham has an estimated sale value of £302,086 and an estimated rental value of £1,419 per month, assuming reasonable condition and based on the information available.
The apartment sits within Heathcote House, Railway View, Rainham, RM13.
Railway View, Rainham, RM13 lies in the borough of Havering, within the RM13 postal district.
Our Data Sources
Flat 1, Heathcote House 1, Rainham has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, Heathcote House 1, Rainham would be worth £317,190, with a potential rental value of £1,490 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £280,940, with a rental value of £1,320 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, Heathcote House 1, Rainham has risen by £2,387 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £41 (2.9%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
Flat 1, Heathcote House 1, Rainham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, Heathcote House 1, Rainham last changed hands on 28th March 2024, selling for £263,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.1% since March 2024.
- Sold Mar 2024£263,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of Flat 1, Heathcote House 1, Rainham across the last 2 years.
Most recently, Flat 8, Heathcote House 1, Railway View, Rainham, RM13 9GW, a leasehold flat, sold at £280,000 on the 20th December 2024.
Read more about house prices in RM13.
- Sold Dec 2024£280,000 | 3 Bed FlatFlat 8, Heathcote House 1, Railway View, Rainham, RM13 9GWFlat 8, Heathcote House 1, Railway View, Rainham, RM13 9GW
- Sold Mar 2024£289,995 | 2 Bed FlatFlat 3, Heathcote House 1, Railway View, Rainham, RM13 9GWFlat 3, Heathcote House 1, Railway View, Rainham, RM13 9GW
- Sold Oct 2023£329,000 | 2 Bed FlatFlat 4, Heathcote House 1, Railway View, Rainham, RM13 9GWFlat 4, Heathcote House 1, Railway View, Rainham, RM13 9GW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, Heathcote House 1, Rainham as the 18th largest and the 18th most expensive of the 26 addresses on Railway View, Rainham, RM13.
Against the RM13 postcode district average, it is £106k less expensive than the typical property.
More reading links
Schools Nearby
- 1.6kmParsonage Farm Primary School
- 2.1kmKenningtons Primary Academy
- 2.1kmBrady Primary School
- 2.0kmHarris Academy Rainham
- 2.4kmOrmiston Park Academy
- 3.1kmGaynes School
More reading links
Public Transport Nearby
Rainham (Essex) station is the nearest stop to Flat 1, Heathcote House 1, Rainham at 2.9 kilometres away.
- 2.9kmRainham (Essex)
- 3.7kmHornchurch
- 3.9kmElm Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
