41 Falcon Avenue

    41, FALCON AVENUE, SOUTH OCKENDON, RM15 5FQ

    This flat/maisonette leasehold property on Falcon Avenue last sold in June 2016 for £188,000. Based on price growth in the RM15 district since then, its estimated current value is £226,949 — placing it in the 31st percentile nationally and the 13th percentile within RM15. The property covers 58 m² (624 sq ft), giving an estimated value of £3,913 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

    £188,000

    Jun 2016

    Estimated Valuation

    £226,949

    Est. £/sq ft

    £364/sq ft

    £3,913/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateApr 2016
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2016

    New build

    £188,000

    Key Metrics

    Estimated valuation£226,949
    Value per sq ft / m²£364/sq ft (£3,913/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile13th percentile
    National percentile31st 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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