Portelet Park Lane

    PORTELET, PARK LANE, AVELEY, SOUTH OCKENDON, RM15 4UB

    This detached freehold property on Park Lane last sold in July 2020 for £350,000. Based on price growth in the RM15 district since then, its estimated current value is £428,076 — placing it in the 71st percentile nationally and the 76th percentile within RM15. The property covers 75 m² (807 sq ft), giving an estimated value of £5,708 per m². The EPC rating is D, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £350,000

    Jul 2020

    Estimated Valuation

    £428,076

    Est. £/sq ft

    £530/sq ft

    £5,708/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialA
    Floor area807 sq ft (75 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jul 2020

    £350,000

    Key Metrics

    Estimated valuation£428,076
    Value per sq ft / m²£530/sq ft (£5,708/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile76th percentile
    National percentile71st percentile

    District Context — RM15

    RM15 covers the southeastern part of the RM postcode area, situated in east London's outer reaches. It is a family-oriented neighbourhood with a notably youthful demographic and strong owner-occupier presence.

    Average Property Price - RM15

    £354,356

    57

    National percentile

    Average Net Household Income - RM15

    £41,619

    65

    National percentile

    10-Year Annualised Price Growth - RM15

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM15

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