16 Falcon Way

    16, FALCON WAY, SOUTH OCKENDON, RM15 5FW

    This semi-detached freehold property on Falcon Way last sold in July 2024 for £400,000. Based on price growth in the RM15 district since then, its estimated current value is £409,312 — placing it in the 69th percentile nationally and the 70th percentile within RM15. The property covers 83 m² (893 sq ft), giving an estimated value of £4,931 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £400,000

    Jul 2024

    Estimated Valuation

    £409,312

    Est. £/sq ft

    £458/sq ft

    £4,931/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area893 sq ft (83 m²)
    EPC dateMar 2019
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2024

    £400,000

    16 Apr 2019

    New build

    £354,995

    Key Metrics

    Estimated valuation£409,312
    Value per sq ft / m²£458/sq ft (£4,931/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile70th percentile
    National percentile69th 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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