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Company No. 11113204
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According to the public record, Flat 4, Sapphire House, Rainham is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Sapphire House, Rainham is £260,099 and the estimated rental value is £1,259 per month.
The apartment is within Sapphire House, Ferro Road, Rainham, RM13.
Ferro Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
Flat 4, Sapphire House, Rainham has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated June 2014.
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, Sapphire House, Rainham is in very good condition we estimate a sale value of £273,104 and a rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,892 and a rental value of £1,171 per month.
Over the last 12 months the sale value of Flat 4 Sapphire House Rainham has increased by an estimated £2,055 (0.8%) and its rental value has increased by an estimated £36 per month (2.9%), giving an expected gross yield of 5.8%.
Flat 4, Sapphire House, Rainham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, Sapphire House, Rainham was last sold on 14th October 2022 for £265,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Sapphire House, Rainham within a radius of 570 metres over the last 2 years.
The most recent example is Flat 2, Heathcote House 1, Railway View, Rainham, RM13 9GW, a leasehold flat which sold for £237,500 on the 30th August 2024.
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, Sapphire House, Rainham is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in RM13.
The nearest school is Rainham Village Primary School which is 300 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.
