18 Mermagen Drive

    18, MERMAGEN DRIVE, RAINHAM, RM13 7EH

    This terraced leasehold property on Mermagen Drive last sold in May 2023 for £240,000. Based on price growth in the RM13 district since then, its estimated current value is £237,024 — placing it in the 34th percentile nationally and the 8th percentile within RM13. The property covers 93 m² (1,001 sq ft), giving an estimated value of £2,549 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £240,000

    May 2023

    Estimated Valuation

    £237,024

    Est. £/sq ft

    £237/sq ft

    £2,549/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateNov 2016
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 May 2023

    £240,000

    Key Metrics

    Estimated valuation£237,024
    Value per sq ft / m²£237/sq ft (£2,549/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM13 district percentile8th percentile
    National percentile34th percentile

    District Context — RM13

    RM13 covers Southend-on-Sea and surrounding areas in Essex, positioned on the Thames estuary east of London. It is a mixed residential area with seaside heritage, offering suburban living with transport links to the capital.

    Average Property Price - RM13

    £414,366

    70

    National percentile

    Average Net Household Income - RM13

    £47,421

    82

    National percentile

    10-Year Annualised Price Growth - RM13

    4.6%

    83

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM13

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