Flat 4, Parchment House 6
Flat 4, Parchment House 6
Description & Estimates
Flat 4, Parchment House 6, Rainham is described in the public record as a modern apartment with 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, Parchment House 6, Rainham is £303,423 and its rental estimate is £1,426 per month, given the available information and assuming reasonable condition.
Parchment House, Lance Street is a residential building on Lance Street, Rainham, RM13 and falls within the RM13 postal district and the borough of Havering.
Our Data Sources
Flat 4, 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, Parchment House 6, Rainham, we estimate a market value of £318,594 and a rental value of £1,498 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £282,184 and £1,326 per month respectively.
Recent Market Change
Over the last year, Flat 4, Parchment House 6, Rainham has seen its estimated sale value grow by £2,398 (0.8%) and its estimated rental value climb by £41 per month (2.9%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 4, 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
Over the past 2 years 3 properties similar to Flat 4, Parchment House 6, Rainham have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was 5, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ, a leasehold flat which sold for £270,000.
Read more about house prices in RM13.
- Sold Dec 2024£270,000 | 2 Bed Flat5, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ5, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ
- Sold Mar 2024£289,995 | 2 Bed Flat4, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ4, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ
- Sold Mar 2022£316,000 | 2 Bed Flat16, Renaissance Apartments 20, Heriot Road, Rainham, RM13 8QQ16, 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
Of the 109 addresses on Lance Street, Rainham, RM13, Flat 4, Parchment House 6, Rainham comes out as the 66th largest and the 82nd most expensive in our analysis of the public data.
It is also £104k less expensive than the average property across the RM13 district.
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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
More reading links
Public Transport Nearby
From Flat 4, Parchment House 6, Rainham, the nearest station is Rainham (Essex), 500 metres away.
- 500mRainham (Essex)
- 2.9kmDagenham Dock
- 3.0kmDagenham East
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
