12A, SPINNEY CLOSE, RAINHAM, RM13 8LR - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12A SPINNEY CLOSE is a very large flat of 85m², built in 2012, which could now be worth an estimated £437,930. It was last sold for £415,000 in April 2021, which was around 74% above the average April 2021 flat price in the Havering local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

12A SPINNEY CLOSE Sold Prices

Land registry data shows one sale for 12A SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Havering local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 APR	£415,000	£237,850	74% above HPI

What might 12A SPINNEY CLOSE be worth now?

12A SPINNEY CLOSE might now be worth an estimated £437,930.

This is based on house price inflation of 5.5%, between April 2021 and April 2026, for flats, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for 12A SPINNEY CLOSE of £415,000 on 12th April 2021. For the value to have increased from £415,000 to £437,930 over the five years to April 2026, the following assumptions must hold true:

• The value of 12A SPINNEY CLOSE has moved in line with the HPI for flats in the Havering local authority area.
• The April 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 12A SPINNEY CLOSE has not materially changed since April 2021.

How Large is 12A SPINNEY CLOSE?

12A SPINNEY CLOSE is 85m² according to the EPC inspection conducted in August 2012. This puts it in the largest 20% of flats in London, based on EPC data. 86% of flats are smaller than 12A SPINNEY CLOSE, and 13% of flats are larger. Note that EPC data is not available for all properties in London.

12A SPINNEY CLOSE: Plot

12A SPINNEY CLOSE sits on a plot of roughly 0.050 of an acre, or 204m².

Where is 12A SPINNEY CLOSE?

12A SPINNEY CLOSE is located in RAINHAM, in the RM13 postcode district.