18 Chelmer Drive

    18, CHELMER DRIVE, SOUTH OCKENDON, RM15 6EE

    This terraced freehold property on Chelmer Drive last sold in June 2021 for £300,000. Based on price growth in the RM15 district since then, its estimated current value is £334,285 — placing it in the 56th percentile nationally and the 37th percentile within RM15. The property covers 73 m² (786 sq ft), giving an estimated value of £4,579 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £300,000

    Jun 2021

    Estimated Valuation

    £334,285

    Est. £/sq ft

    £425/sq ft

    £4,579/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jun 2021

    £300,000

    12 Jun 2014

    £189,995

    7 Dec 2005

    £141,000

    25 Apr 1997

    New build

    £57,238

    Key Metrics

    Estimated valuation£334,285
    Value per sq ft / m²£425/sq ft (£4,579/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile37th percentile
    National percentile56th 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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