Flat 7, Heathcote House 1
Flat 7, Heathcote House 1
Description & Estimates
According to the public record, Flat 7, Heathcote House 1, Rainham is a modern leasehold apartment with 710 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 7, Heathcote House 1, Rainham is £292,353 and the estimated rental value is £1,391 per month.
The apartment is within Heathcote House, Railway View, Rainham, RM13.
Railway View, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
Our Data Sources
Flat 7, Heathcote House 1, Rainham has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 7, Heathcote House 1, Rainham is in very good condition we estimate a sale value of £306,971 and a rental value of £1,461 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,889 and a rental value of £1,294 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, Heathcote House 1, Rainham has grown by £2,310 (0.8%), while its estimated rental value has climbed by £40 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
Flat 7, Heathcote House 1, Rainham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 7, Heathcote House 1, Rainham was last sold on 27th September 2024 for £263,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has dropped by 2.4%.
- Sold Sep 2024£263,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Heathcote House 1, Rainham within a radius of 660 metres over the last 2 years.
The most recent example is Flat 1, Mulliner House 21, Broadway, Rainham, RM13 9YW, a leasehold flat which sold for £263,995 on the 26th July 2024.
Read more about house prices in RM13.
- Sold Jul 2024£263,995 | 2 Bed FlatMulliner House 21, BroadwayFlat 1, Mulliner House 21, Broadway, Rainham, RM13 9YW
- Sold Nov 2023£327,000 | 2 Bed FlatHeathcote House 1, Railway ViewFlat 10, Heathcote House 1, Railway View, Rainham, RM13 9GW
- Sold Nov 2023£327,000 | 2 Bed FlatHeathcote House 1, Railway ViewFlat 9, Heathcote House 1, Railway View, Rainham, RM13 9GW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Railway View, Rainham, RM13 has a total of 26 addresses. According to our analysis of all the public data, Flat 7, Heathcote House 1, Rainham is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in RM13.
More reading links
Schools Nearby
- 1.6kmParsonage Farm Primary School
- 2.1kmKenningtons Primary Academy
- 2.1kmBrady Primary School
- 2.0kmHarris Academy Rainham
- 2.4kmOrmiston Park Academy
- 3.1kmGaynes School
More reading links
Public Transport Nearby
The closest station to Flat 7, Heathcote House 1, Rainham is Rainham (Essex) station, which is 2.9 kilometres away.
- 2.9kmRainham (Essex)
- 3.7kmHornchurch
- 3.9kmElm Park
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
