40, KING EDWARD AVENUE, RAINHAM, RM13 9RJ - £340,000

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.

40 KING EDWARD AVENUE is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £524,417. It was last sold for £340,000 in June 2015, which was around 36% below the average June 2015 detached price in the Havering local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

40 KING EDWARD AVENUE Sold Prices

Land registry data shows two sales for 40 KING EDWARD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 40 KING EDWARD 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
2015 22 JUN	£340,000	£531,580	36% below HPI
2000 16 JUN	£130,000	£216,306	40% below HPI

40 KING EDWARD 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 two 40 KING EDWARD AVENUE sales from June 2000 and June 2015 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 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 40 KING EDWARD AVENUE be worth now?

40 KING EDWARD AVENUE might now be worth an estimated £524,417.

This is based on house price inflation of 54.2%, between June 2015 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 54.2% inflationary increase is applied to the most recent sale price for 40 KING EDWARD AVENUE of £340,000 on 22nd June 2015. For the value to have increased from £340,000 to £524,417 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 40 KING EDWARD AVENUE has moved in line with the HPI for detached houses in the Havering local authority area.
• The June 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 40 KING EDWARD AVENUE has not materially changed since June 2015.

How Large is 40 KING EDWARD AVENUE?

40 KING EDWARD AVENUE is 73m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses houses in Rainham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainham, and where 40 KING EDWARD AVENUE lies on this distribution: 12% of detached houses houses are smaller than 40 KING EDWARD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Rainham.

40 KING EDWARD AVENUE: Plot and Title Map

40 KING EDWARD AVENUE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 40 KING EDWARD 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 40 KING EDWARD 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 40 KING EDWARD AVENUE?

40 KING EDWARD AVENUE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 40 on KING EDWARD AVENUE.