Flat 2, Parchment House 6
Flat 2, Parchment House 6
Description & Estimates
The public record describes Flat 2, Parchment House 6, Rainham as a modern apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, Parchment House 6, Rainham has an estimated sale value of £303,423 and an estimated rental value of £1,426 per month, assuming reasonable condition and based on the information available.
The apartment sits within Parchment House, Lance Street, Rainham, RM13.
Lance Street, Rainham, RM13 lies in the borough of Havering, within the RM13 postal district.
Our Data Sources
Flat 2, Parchment House 6, Rainham has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate Flat 2, Parchment House 6, Rainham would be worth £318,594, with a potential rental value of £1,498 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £282,184, with a rental value of £1,326 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 2, Parchment House 6, Rainham has moved up by £2,398 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £41 (2.9%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
Flat 2, Parchment House 6, Rainham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of Flat 2, Parchment House 6, Rainham across the last 2 years.
Most recently, 5, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ, a leasehold flat, sold at £270,000 on the 20th December 2024.
Read more about house prices in RM13.
- Sold Dec 2024£270,000 | 2 Bed FlatRenaissance Apartments 20, Heriot Road5, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ
- Sold Mar 2024£289,995 | 2 Bed FlatRenaissance Apartments 20, Heriot Road4, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ
- Sold Mar 2022£316,000 | 2 Bed FlatRenaissance Apartments 20, Heriot Road16, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, Parchment House 6, Rainham as the 71st largest and the 87th most expensive of the 109 addresses on Lance Street, Rainham, RM13.
Against the RM13 postcode district average, it is £104k less expensive than the typical property.
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Schools Nearby
- 500mLa Salette Catholic Primary School
- 700mRainham Village Primary School
- 1.3kmPark Primary Academy
- 1.4kmHarris Academy Rainham
- 1.8kmThe Brittons Academy
- 2.6kmDagenham Park CofE School
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Public Transport Nearby
Rainham (Essex) station is the nearest stop to Flat 2, Parchment House 6, Rainham at 500 metres away.
- 500mRainham (Essex)
- 2.9kmDagenham Dock
- 3.0kmDagenham East
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
