50 Fairlane Drive

    50, FAIRLANE DRIVE, SOUTH OCKENDON, RM15 5FA

    This terraced leasehold property on Fairlane Drive last sold in July 2022 for £385,500. Based on price growth in the RM15 district since then, its estimated current value is £388,829 — placing it in the 66th percentile nationally and the 62nd percentile within RM15. The property covers 71 m² (764 sq ft), giving an estimated value of £5,476 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £385,500

    Jul 2022

    Estimated Valuation

    £388,829

    Est. £/sq ft

    £509/sq ft

    £5,476/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateFeb 2016
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2022

    £385,500

    31 Mar 2016

    New build

    £262,500

    Key Metrics

    Estimated valuation£388,829
    Value per sq ft / m²£509/sq ft (£5,476/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile62nd percentile
    National percentile66th 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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