2 Bingham Close

    2, BINGHAM CLOSE, SOUTH OCKENDON, RM15 5LD

    This terraced freehold property on Bingham Close last sold in September 2020 for £275,000. Based on price growth in the RM15 district since then, its estimated current value is £316,515 — placing it in the 53rd percentile nationally and the 30th percentile within RM15. The property covers 86 m² (926 sq ft), giving an estimated value of £3,680 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £275,000

    Sept 2020

    Estimated Valuation

    £316,515

    Est. £/sq ft

    £342/sq ft

    £3,680/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateJan 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Sept 2020

    £275,000

    Key Metrics

    Estimated valuation£316,515
    Value per sq ft / m²£342/sq ft (£3,680/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile30th percentile
    National percentile53rd 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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