51 Erriff Drive

    51, ERRIFF DRIVE, SOUTH OCKENDON, RM15 5AY

    This terraced freehold property on Erriff Drive last sold in May 2017 for £265,000. Based on price growth in the RM15 district since then, its estimated current value is £341,500 — placing it in the 58th percentile nationally and the 39th percentile within RM15. The property covers 96 m² (1,033 sq ft), giving an estimated value of £3,557 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £265,000

    May 2017

    Estimated Valuation

    £341,500

    Est. £/sq ft

    £330/sq ft

    £3,557/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,033 sq ft (96 m²)
    EPC dateMar 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2017

    £265,000

    Key Metrics

    Estimated valuation£341,500
    Value per sq ft / m²£330/sq ft (£3,557/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile39th percentile
    National percentile58th 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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