51 Fairlane Drive

    51, FAIRLANE DRIVE, SOUTH OCKENDON, RM15 5FA

    This semi-detached leasehold property on Fairlane Drive last sold in August 2021 for £290,000. Based on price growth in the RM15 district since then, its estimated current value is £328,430 — placing it in the 55th percentile nationally and the 34th percentile within RM15. The property covers 59 m² (635 sq ft), giving an estimated value of £5,567 per m². The EPC rating is B, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £290,000

    Aug 2021

    Estimated Valuation

    £328,430

    Est. £/sq ft

    £517/sq ft

    £5,567/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateDec 2015
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2021

    £290,000

    23 Dec 2015

    New build

    £205,000

    Key Metrics

    Estimated valuation£328,430
    Value per sq ft / m²£517/sq ft (£5,567/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile34th percentile
    National percentile55th 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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