2, PHILIP ROAD, RAINHAM, RM13 8LT - £310,000

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.

2 PHILIP ROAD is a small extended semi-detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £409,485. It was last sold for £310,000 in December 2016, which was around 25% below the average December 2016 semi-detached price in the Havering local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

2 PHILIP ROAD Sold Prices

Land registry data shows one sale for 2 PHILIP ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
2016 5 DEC	£310,000	£413,271	25% below HPI

What might 2 PHILIP ROAD be worth now?

2 PHILIP ROAD might now be worth an estimated £409,485.

This is based on house price inflation of 32.1%, between December 2016 and May 2026, for semi-detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.1% inflationary increase is applied to the most recent sale price for 2 PHILIP ROAD of £310,000 on 5th December 2016. For the value to have increased from £310,000 to £409,485 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 PHILIP ROAD has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The December 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PHILIP ROAD has not materially changed since December 2016.

How Large is 2 PHILIP ROAD?

2 PHILIP ROAD is 82m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of semi-detached houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses by size in London, and where 2 PHILIP ROAD lies on this distribution: 20% of semi-detached houses are smaller than 2 PHILIP ROAD, and 78% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

2 PHILIP ROAD: Plot

2 PHILIP ROAD sits on a plot of roughly 0.086 of an acre, or 348m².

Where is 2 PHILIP ROAD?

2 PHILIP ROAD is located in RAINHAM, in the RM13 postcode district.