5 South Close

    5, SOUTH CLOSE, SOUTH OCKENDON, RM15 6BF

    This detached freehold property on South Close last sold in August 2020 for £395,000. Based on price growth in the RM15 district since then, its estimated current value is £483,114 — placing it in the 77th percentile nationally and the 87th percentile within RM15. The property covers 98 m² (1,055 sq ft), giving an estimated value of £4,930 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £395,000

    Aug 2020

    Estimated Valuation

    £483,114

    Est. £/sq ft

    £458/sq ft

    £4,930/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,055 sq ft (98 m²)
    EPC dateMar 2015
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2020

    £395,000

    Key Metrics

    Estimated valuation£483,114
    Value per sq ft / m²£458/sq ft (£4,930/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile87th percentile
    National percentile77th 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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