Magnolia, Rainham
Magnolia, Rainham
Description & Estimates
Public records show Magnolia, Rainham to be a modern freehold house with 1,187 ft2 of internal area, sitting on a 274 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Magnolia, Rainham has an estimated sale value of £506,405 and an estimated rental value of £2,383 per month, assuming reasonable condition and based on the information available.
Lambs Lane North, Rainham, RM13 lies in the borough of Havering, within the RM13 postal district.
Our Data Sources
Magnolia, Rainham has a single entry in the Land Registry from February 2012 and a single entry in the EPC database dated July 2011.
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.
Price Range & Condition
In very good condition, we estimate Magnolia, Rainham would be worth £531,725, with a potential rental value of £2,503 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £470,957, with a rental value of £2,217 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Magnolia, Rainham has climbed by £3,803 (0.8%) over the last year. During the same period, its estimated monthly rental value has risen by £69 (2.9%). The property's estimated gross yield is currently 5.6%.
Plot Size
Magnolia, Rainham occupies a 274 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
Magnolia, Rainham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Magnolia, Rainham last changed hands on 13th February 2012, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 85.5% since February 2012.
- Sold Feb 2012£300,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of Magnolia, Rainham across the last 2 years.
Most recently, 1, Allen Road, Rainham, RM13 9JS, a freehold house, sold at £515,000 on the 12th December 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Magnolia, Rainham as the 15th largest and the 13th most expensive of the 38 addresses on Lambs Lane North, Rainham, RM13.
Against the RM13 postcode district average, it is £99k more expensive than the typical property.
More reading links
Schools Nearby
- 400mParsonage Farm Primary School
- 1.0kmBrady Primary School
- 1.2kmRainham Village Primary School
- 800mHarris Academy Rainham
- 2.4kmThe Brittons Academy
- 3.2kmSanders Draper
More reading links
Public Transport Nearby
Rainham (Essex) station is the nearest stop to Magnolia, Rainham at 1.6 kilometres away.
- 1.6kmRainham (Essex)
- 3.3kmElm Park
- 3.7kmHornchurch
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
