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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, Flat 2, Ruby Court, Rainham is a modern leasehold apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Ruby Court, Rainham is £173,317 and the estimated rental value is £1,033 per month.
The apartment is within Ruby Court, Ferro Road, Rainham, RM13.
Ferro Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
Flat 2, Ruby Court, Rainham has a single entry in the Land Registry from May 2012 and a single entry in the EPC database dated August 2022.
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 Flat 2, Ruby Court, Rainham is in very good condition we estimate a sale value of £181,983 and a rental value of £1,085 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,185 and a rental value of £961 per month.
Over the last 12 months the sale value of Flat 2 Ruby Court Rainham has increased by an estimated £3,894 (2.2%) and its rental value has increased by an estimated £41 per month (4.0%), giving an expected gross yield of 7.2%.
Flat 2, Ruby Court, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Aug 2022.
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, Flat 2, Ruby Court, Rainham was last sold on 25th May 2012 for £92,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 82.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Ruby Court, Rainham within a radius of 560 metres over the last 2 years.
The most recent example is Flat 11, Emerald House, Ferro Road, Rainham, RM13 9UE, a leasehold flat which sold for £165,000 on the 3rd November 2023.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferro Road, Rainham, RM13 has a total of 70 addresses. According to our analysis of all the public data, Flat 2, Ruby Court, Rainham is the 57th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in RM13.
The nearest school is Rainham Village Primary School which is 272 metres away. The nearest train station is Rainham (Essex) which is 300 metres 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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