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According to the public record, Flat 4, Ruby Court, Rainham is a modern leasehold apartment with 344 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 4, Ruby Court, Rainham is £176,407 and the estimated rental value is £1,052 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 4, Ruby Court, Rainham has 21 entries in the Land Registry , most recently in January 2013 and a single entry in the EPC database dated March 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 4, Ruby Court, Rainham is in very good condition we estimate a sale value of £185,228 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,059 and a rental value of £978 per month.
Over the last 12 months the sale value of Flat 4 Ruby Court Rainham has increased by an estimated £3,963 (2.2%) and its rental value has increased by an estimated £42 per month (4.0%), giving an expected gross yield of 7.2%.
Flat 4, Ruby Court, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, Ruby Court, Rainham was last sold on 10th January 2013 for £64,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2013, the market for similar properties has risen 76.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Ruby Court, Rainham within a radius of 560 metres over the last 2 years.
The most recent example is Flat 12, Emerald House, Ferro Road, Rainham, RM13 9UE, a leasehold flat which sold for £150,000 on the 1st August 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 4, Ruby Court, Rainham is the 54th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £233k 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.
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