3 South Close

    3, SOUTH CLOSE, SOUTH OCKENDON, RM15 6BF

    This terraced freehold property on South Close last sold in March 2020 for £320,000. Based on price growth in the RM15 district since then, its estimated current value is £368,308 — placing it in the 62nd percentile nationally and the 53rd percentile within RM15. The property covers 93 m² (1,001 sq ft), giving an estimated value of £3,960 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £320,000

    Mar 2020

    Estimated Valuation

    £368,308

    Est. £/sq ft

    £368/sq ft

    £3,960/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,001 sq ft (93 m²)
    EPC dateJun 2014
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2020

    £320,000

    17 Oct 2014

    New build

    £218,000

    Key Metrics

    Estimated valuation£368,308
    Value per sq ft / m²£368/sq ft (£3,960/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile53rd percentile
    National percentile62nd 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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