15 Fairlane Drive

    15, FAIRLANE DRIVE, SOUTH OCKENDON, RM15 5FA

    This flat/maisonette leasehold property on Fairlane Drive last sold in June 2023 for £250,000. Based on price growth in the RM15 district since then, its estimated current value is £227,385 — placing it in the 32nd percentile nationally and the 13th percentile within RM15. The property covers 60 m² (646 sq ft), giving an estimated value of £3,790 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £250,000

    Jun 2023

    Estimated Valuation

    £227,385

    Est. £/sq ft

    £352/sq ft

    £3,790/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 2012-2021
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJan 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jun 2023

    £250,000

    18 Dec 2015

    New build

    £172,500

    Key Metrics

    Estimated valuation£227,385
    Value per sq ft / m²£352/sq ft (£3,790/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile13th percentile
    National percentile32nd 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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