2 Falcon Avenue

    2, FALCON AVENUE, SOUTH OCKENDON, RM15 5FQ

    This semi-detached leasehold property on Falcon Avenue last sold in March 2023 for £415,000. Based on price growth in the RM15 district since then, its estimated current value is £424,456 — placing it in the 71st percentile nationally and the 75th percentile within RM15. The property covers 89 m² (958 sq ft), giving an estimated value of £4,769 per m². The EPC rating is B, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £415,000

    Mar 2023

    Estimated Valuation

    £424,456

    Est. £/sq ft

    £443/sq ft

    £4,769/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateApr 2016
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Mar 2023

    £415,000

    31 May 2016

    New build

    £328,000

    Key Metrics

    Estimated valuation£424,456
    Value per sq ft / m²£443/sq ft (£4,769/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile75th percentile
    National percentile71st 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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