11 Fairlane Drive

    11, FAIRLANE DRIVE, SOUTH OCKENDON, RM15 5FA

    This flat/maisonette leasehold property on Fairlane Drive last sold in March 2022 for £250,000. Based on price growth in the RM15 district since then, its estimated current value is £213,117 — placing it in the 28th percentile nationally and the 11th percentile within RM15. The property covers 59 m² (635 sq ft), giving an estimated value of £3,612 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £250,000

    Mar 2022

    Estimated Valuation

    £213,117

    Est. £/sq ft

    £336/sq ft

    £3,612/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2012-2021
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateJan 2026
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2022

    £250,000

    29 Jul 2019

    £225,000

    18 Dec 2015

    New build

    £170,000

    Key Metrics

    Estimated valuation£213,117
    Value per sq ft / m²£336/sq ft (£3,612/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile11th percentile
    National percentile28th 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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