85 Fairlane Drive

    85, FAIRLANE DRIVE, SOUTH OCKENDON, RM15 5FA

    This terraced leasehold property on Fairlane Drive last sold in January 2019 for £300,000. Based on price growth in the RM15 district since then, its estimated current value is £358,008 — placing it in the 61st percentile nationally and the 47th percentile within RM15. The property covers 71 m² (764 sq ft), giving an estimated value of £5,042 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

    £300,000

    Jan 2019

    Estimated Valuation

    £358,008

    Est. £/sq ft

    £468/sq ft

    £5,042/m²

    Property Details

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

    Transaction History

    18 Jan 2019

    £300,000

    31 Mar 2016

    New build

    £270,000

    Key Metrics

    Estimated valuation£358,008
    Value per sq ft / m²£468/sq ft (£5,042/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile47th percentile
    National percentile61st 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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