41 Fairlane Drive

    41, FAIRLANE DRIVE, SOUTH OCKENDON, RM15 5FA

    This flat/maisonette leasehold property on Fairlane Drive last sold in December 2015 for £172,500. Based on price growth in the RM15 district since then, its estimated current value is £249,847 — placing it in the 37th percentile nationally and the 16th percentile within RM15. The property covers 58 m² (624 sq ft), giving an estimated value of £4,308 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £172,500

    Dec 2015

    Estimated Valuation

    £249,847

    Est. £/sq ft

    £400/sq ft

    £4,308/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateDec 2015
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2015

    New build

    £172,500

    Key Metrics

    Estimated valuation£249,847
    Value per sq ft / m²£400/sq ft (£4,308/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile16th percentile
    National percentile37th 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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