54, SOUTH STREET, RAINHAM, RM13 8PJ - £370,000

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.

54 SOUTH STREET is a very small detached house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £391,351. It was last sold for £370,000 in February 2024, which was around 52% below the average February 2024 detached price in the Havering local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

54 SOUTH STREET Sold Prices

Land registry data shows three sales for 54 SOUTH STREET 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 54 SOUTH STREET 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
2024 22 FEB	£370,000	£775,178	52% below HPI
2021 14 SEP	£345,000	£732,308	53% below HPI
1999 17 DEC	£84,000	£193,152	57% below HPI

54 SOUTH STREET 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 54 SOUTH STREET sales between December 1999 and February 2024 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 September 2021 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2024 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 54 SOUTH STREET be worth now?

54 SOUTH STREET might now be worth an estimated £391,351.

This is based on house price inflation of 5.8%, between February 2024 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 5.8% inflationary increase is applied to the most recent sale price for 54 SOUTH STREET of £370,000 on 22nd February 2024. For the value to have increased from £370,000 to £391,351 over the one year to February 2025, the following assumptions must hold true:

• The value of 54 SOUTH STREET has moved in line with the HPI for detached houses in the Havering local authority area.
• The February 2024 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 54 SOUTH STREET has not materially changed since February 2024.

How Large is 54 SOUTH STREET?

54 SOUTH STREET is 62m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 54 SOUTH STREET lies on this distribution: 2% of detached houses houses are smaller than 54 SOUTH STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

54 SOUTH STREET: Plot and Title Map

54 SOUTH STREET sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 54 SOUTH STREET, 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 54 SOUTH STREET). 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 54 SOUTH STREET?

54 SOUTH STREET is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 54 on SOUTH STREET.