40 Falcon Way

    40, FALCON WAY, SOUTH OCKENDON, RM15 5FW

    This flat/maisonette leasehold property on Falcon Way last sold in December 2024 for £279,000. Based on price growth in the RM15 district since then, its estimated current value is £292,239 — placing it in the 48th percentile nationally and the 24th percentile within RM15. The property covers 61 m² (657 sq ft), giving an estimated value of £4,791 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £279,000

    Dec 2024

    Estimated Valuation

    £292,239

    Est. £/sq ft

    £445/sq ft

    £4,791/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateNov 2019
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2024

    £279,000

    28 Nov 2019

    New build

    £240,000

    Key Metrics

    Estimated valuation£292,239
    Value per sq ft / m²£445/sq ft (£4,791/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile24th percentile
    National percentile48th 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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