12, LOWER MARDYKE AVENUE, RAINHAM, RM13 8PP - £239,995

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.

12 LOWER MARDYKE AVENUE is a very small extended detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £479,825. It was last sold for £239,995 in May 2012, which was around 41% below the average May 2012 detached price in the Havering local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

12 LOWER MARDYKE AVENUE Sold Prices

Land registry data shows three sales for 12 LOWER MARDYKE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 12 LOWER MARDYKE AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 8 MAY	£239,995	£410,096	41% below HPI
1997 27 JUN	£78,500	£143,970	45% below HPI
1995 20 OCT	£32,500	£129,482	75% below HPI

12 LOWER MARDYKE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 12 LOWER MARDYKE AVENUE sales between October 1995 and May 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2012 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 12 LOWER MARDYKE AVENUE be worth now?

12 LOWER MARDYKE AVENUE might now be worth an estimated £479,825.

This is based on house price inflation of 99.9%, between May 2012 and February 2025, for 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 99.9% inflationary increase is applied to the most recent sale price for 12 LOWER MARDYKE AVENUE of £239,995 on 8th May 2012. For the value to have increased from £239,995 to £479,825 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 12 LOWER MARDYKE AVENUE has moved in line with the HPI for detached houses in the Havering local authority area.
• The May 2012 sale price of £239,995 represented a fair market value for the property.
• The size, condition, and specification of 12 LOWER MARDYKE AVENUE has not materially changed since May 2012.

How Large is 12 LOWER MARDYKE AVENUE?

12 LOWER MARDYKE AVENUE is 94m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 12 LOWER MARDYKE AVENUE lies on this distribution: 16% of detached houses houses are smaller than 12 LOWER MARDYKE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

12 LOWER MARDYKE AVENUE: Plot and Title Map

12 LOWER MARDYKE AVENUE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 12 LOWER MARDYKE AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 LOWER MARDYKE AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 LOWER MARDYKE AVENUE?

12 LOWER MARDYKE AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 12 on LOWER MARDYKE AVENUE.