5 Park Way

    5, PARK WAY, SOUTH OCKENDON, RM15 5GR

    This semi-detached freehold property on Park Way last sold in November 2023 for £380,000. Based on price growth in the RM15 district since then, its estimated current value is £388,659 — placing it in the 66th percentile nationally and the 62nd percentile within RM15. The property covers 72 m² (775 sq ft), giving an estimated value of £5,398 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £380,000

    Nov 2023

    Estimated Valuation

    £388,659

    Est. £/sq ft

    £501/sq ft

    £5,398/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area775 sq ft (72 m²)
    EPC dateNov 2023
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Nov 2023

    New build

    £380,000

    Key Metrics

    Estimated valuation£388,659
    Value per sq ft / m²£501/sq ft (£5,398/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile62nd percentile
    National percentile66th 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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