38 Derwent Parade

    38, DERWENT PARADE, SOUTH OCKENDON, RM15 5EE

    This flat/maisonette leasehold property on Derwent Parade last sold in May 2019 for £178,500. Based on price growth in the RM15 district since then, its estimated current value is £183,409 — placing it in the 20th percentile nationally and the 6th percentile within RM15. The property covers 75 m² (807 sq ft), giving an estimated value of £2,445 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £178,500

    May 2019

    Estimated Valuation

    £183,409

    Est. £/sq ft

    £227/sq ft

    £2,445/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area807 sq ft (75 m²)
    EPC dateAug 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 May 2019

    £178,500

    23 Sept 2005

    £98,000

    23 Jun 2004

    £65,500

    14 Feb 2001

    £30,000

    24 Apr 1995

    £21,000

    Key Metrics

    Estimated valuation£183,409
    Value per sq ft / m²£227/sq ft (£2,445/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile6th percentile
    National percentile20th 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

    More properties in RM15

    Streets in RM15

    Explore nearby