# 3 bedroom house for sale (RM10 9QJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 38 SCHOOL ROAD, DAGENHAM, GREATER LONDON RM10 9QJ |
| Price | £390,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 81 m² |
| Last sold | £400,000 Jul 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 22/03/2034
- **Current heating cost:** £1,133/year
- **Est. upgrade cost to C:** £19,500

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/3534-2227-2300-0937-6226)

## Description

This elegant THREE bedroom semi dethatched house is located in the heart of Dagenham and offers the perfect blend of modern comfort and convenience.

This elegant THREE bedroom semi dethatched house is located in the heart of Dagenham and offers the perfect blend of modern comfort and convenience. Whether you're a first-time buyer, a family, or an investor seeking a lucrative opportunity, this property ticks all the boxes.

The rooms are a good size for this type of property, featuring fully-equipped kitchen with modern appliances and separated from living areas. The living space is very spacious, modern and high-quality and finishes. Property has side access via a shred driveway and has potential to build a garage, the property also benefits from a large outbuilding which is currently used as a workshop and storage. 

Close proximity to schools, parks, shopping centres, and public transportation.

Contact us today to schedule a viewing and make this beautiful house your new home.

## Property Photos

- ![14452-001163-p-o-c75bbbe2.jpg](/listings/photos/164669162/841342) - 14452-001163-p-o-c75bbbe2.jpg
- ![14452-001163-p-w-215ac070.jpg](/listings/photos/164669162/841343) - 14452-001163-p-w-215ac070.jpg
- ![14452-001163-p-w-35c926e2.jpg](/listings/photos/164669162/841344) - 14452-001163-p-w-35c926e2.jpg
- ![14452-001163-p-w-5a4dde75.jpg](/listings/photos/164669162/841345) - 14452-001163-p-w-5a4dde75.jpg
- ![14452-001163-p-w-72067707.jpg](/listings/photos/164669162/841346) - 14452-001163-p-w-72067707.jpg
- ![14452-001163-p-w-721d07b7.jpg](/listings/photos/164669162/841347) - 14452-001163-p-w-721d07b7.jpg
- ![14452-001163-p-w-7fd69274.jpg](/listings/photos/164669162/841348) - 14452-001163-p-w-7fd69274.jpg
- ![14452-001163-p-w-8bd5be79.jpg](/listings/photos/164669162/841349) - 14452-001163-p-w-8bd5be79.jpg

## Floorplans

- ![14452-001163-f-w-efa1b807.jpg](/listings/photos/164669162/841350) - 14452-001163-f-w-efa1b807.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/164669162/841351) - EE Rating

## FENSA Certificates

This property has 3 FENSA certificate(s) on record.

### FENSA Certificate #5765354
- **Address:** 38 School Road, DAGENHAM, RM10 9QJ
- **Certificate Issued:** 16/06/2008
- **Work Completed:** 19/05/2008
- **Items:** 8 window(s), 1 door(s)

### FENSA Certificate #16601308
- **Address:** 38 School Road, DAGENHAM, RM10 9QJ
- **Certificate Issued:** 15/12/2024
- **Work Completed:** 06/12/2024
- **Items:** 4 window(s)

### FENSA Certificate #16959187
- **Address:** 38 School Road, DAGENHAM, RM10 9QJ
- **Certificate Issued:** 14/09/2025
- **Work Completed:** 27/08/2025
- **Items:** 1 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 38 SCHOOL ROAD, DAGENHAM, BARKING AND DAGENHAM, GREATER LONDON, RM10 9QJ | £400,000 | 26/07/2024 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 173 BROAD STREET, DAGENHAM, BARKING AND DAGENHAM, GREATER LONDON, RM10 9HX | £220,000 | 26/05/2023 | Other |
| 173 BROAD STREET, DAGENHAM, BARKING AND DAGENHAM, GREATER LONDON, RM10 9HX | £220,000 | 26/05/2023 | Other |
| [Same street] 66 SCHOOL ROAD, DAGENHAM, BARKING AND DAGENHAM, GREATER LONDON, RM10 9QJ | £357,500 | 31/10/2022 | Terraced |
| [Same street] 44 SCHOOL ROAD, DAGENHAM, BARKING AND DAGENHAM, GREATER LONDON, RM10 9QJ | £345,000 | 03/05/2022 | Terraced |
| 121 BROAD STREET, DAGENHAM, BARKING AND DAGENHAM, GREATER LONDON, RM10 9HP | £1,725,000 | 15/12/2021 | Other |
| [Same street] 2 SCHOOL ROAD, DAGENHAM, BARKING AND DAGENHAM, GREATER LONDON, RM10 9QJ | £342,000 | 05/11/2021 | Terraced |
| [Same street] 42 SCHOOL ROAD, DAGENHAM, BARKING AND DAGENHAM, GREATER LONDON, RM10 9QJ | £350,000 | 27/10/2021 | Terraced |

**Street average:** £348,625 (4 sales)
**Area average:** £721,667 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £960,000 (3 Other, RM10, 2024–2026)
- **Deviation:** -59.4%

## Rental Range

*ONS Price Index of Private Rents (Barking and Dagenham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,521/mo
- **Realistic:** £1,690/mo
- **Optimistic:** £1,859/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Outer North East London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,496/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Crosby Road, RM10 | £2,245/mo | 3 | 0.23 miles | OpenRent |
| 3 Bed Terraced House, Crosby Road, RM10 | £2,250/mo | 3 | 0.24 miles | OpenRent |
| 3 Bed Terraced House, Crosby Road, RM10 | £2,250/mo | 3 | 0.24 miles | OpenRent |
| 3 Bed End Terrace, Arnold Road, RM9 | £2,100/mo | 3 | 0.38 miles | OpenRent |
| 3 Bed Terraced House, Third Avenue, RM10 | £2,200/mo | 3 | 0.45 miles | OpenRent |
| 3 Bed Terraced House, Hatfield Road, RM9 | £2,100/mo | 3 | 0.73 miles | OpenRent |

**Average rent: £2,191/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.57% (weak for cashflow)
- **Max investor price (0.8%):** £277,875
- **Target investor price (1%):** £222,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,223/mo).*

- **Gross yield:** 6.8%
- **Cost-to-rent:** 14.6×
- **Monthly cashflow:** £440/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £4,815/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **10y growth:** -22.3%

## House Price Index (HM Land Registry)

*Official index for Barking and Dagenham; All dwelling types series; as of April 2026.*

- **1y growth (index):** -0.9%
- **5y growth (index):** 15%
- **10y growth (index):** 31.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)