551 Wood Lane, Dagenham, RM8 1DR is a leasehold flat built between 1991-1995. The property offers approximately 732 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £162,803 , which equates to approximately £222 per square foot. It was last sold on 12 Oct 2001 for £48,125. Since then, the value has increased by £114,678, representing a 238.3% increase, or approximately 9.9% per year.

The current estimated value of £162,803 is:

  • 58.5% lower than the average property price on Wood Lane
  • 60.7% lower than the average in the RM8 1DR postcode area
  • and 57.3% lower than the average price for Dagenham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 31 May 2023, the property was recorded as owner-occupied.

View sold house prices in RM8 1DR

Building approximate location

About Property

Type
Terraced House
Built
1991-1995
Interior Size
732 sq ft
Tenure
Leasehold
Price (estimate)
£162,803
Price Per sq ft (estimate)
£222
Bedroom Count (estimate)
2 bedrooms

EPC Summary

551 Wood Lane, Dagenham, Barking And Dagenham, Greater London, RM8 1DR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 May 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Jun 2010. The rating of C is unchanged, though the energy efficiency score decreased by 2.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM8 1DR

33 rd / 33
Price Rank
61% lower than average
28 th / 29
Size Rank
28% smaller than average
29 th / 29
Price Per Sq FT Rank
46% lower than average

Compared to other properties in RM8 1DR , this house's estimated value ranks 33th out of 33. Based on price per square foot, it ranks 29th out of 29 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 28th out of 29 properties in its postcode area.

Sale History

Today
£162,803
streetscan.co.uk estimate
+238 %
12 Oct 2001
£48,125
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 753 sq ft
sale price: £165,000
sale date: 22 Oct 2018
rooms: 3
size: 797 sq ft
sale price: £180,000
sale date: 19 Feb 2025
rooms: 3
size: 732 sq ft
sale price: £190,000
sale date: 11 Jun 2018

Data Sources

The property at 551 Wood Lane, Dagenham, Barking And Dagenham, Greater London, RM8 1DR appears once in the Land Registry records, with the transaction recorded on 12 Oct 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 May 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.