Flat 9, Heathcote House 1
Flat 9, Heathcote House 1
Description & Estimates
Flat 9, Heathcote House 1, Rainham is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 9, Heathcote House 1, Rainham is £292,353 and its rental estimate is £1,391 per month, given the available information and assuming reasonable condition.
Heathcote House, Railway View is a residential building on Railway View, Rainham, RM13 and falls within the RM13 postal district and the borough of Havering.
Our Data Sources
Flat 9, Heathcote House 1, Rainham has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated October 2023.
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
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 9, Heathcote House 1, Rainham, we estimate a market value of £306,971 and a rental value of £1,461 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £271,889 and £1,294 per month respectively.
Recent Market Change
Over the last year, Flat 9, Heathcote House 1, Rainham has seen its estimated sale value rise by £2,310 (0.8%) and its estimated rental value move up by £40 per month (2.9%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 9, Heathcote House 1, Rainham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 9, Heathcote House 1, Rainham completed on 3rd November 2023 at £327,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.5% over the period since November 2023.
- Sold Nov 2023£327,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 9, Heathcote House 1, Rainham have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was Flat 7, Heathcote House 1, Railway View, Rainham, RM13 9GW, a leasehold flat which sold for £263,995.
Read more about house prices in RM13.
- Sold Sep 2024£263,995 | 2 Bed FlatHeathcote House 1, Railway ViewFlat 7, Heathcote House 1, Railway View, Rainham, RM13 9GW
- 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
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Railway View, Rainham, RM13, Flat 9, Heathcote House 1, Rainham comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the RM13 district.
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
From Flat 9, Heathcote House 1, Rainham, the nearest station is Rainham (Essex), 2.9 kilometres away.
- 2.9kmRainham (Essex)
- 3.7kmHornchurch
- 3.9kmElm Park
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
