47 Chelmer Drive

    47, CHELMER DRIVE, SOUTH OCKENDON, RM15 6EE

    This terraced freehold property on Chelmer Drive last sold in February 2018 for £360,000. Based on price growth in the RM15 district since then, its estimated current value is £443,800 — placing it in the 73rd percentile nationally and the 80th percentile within RM15. The property covers 105 m² (1,130 sq ft), giving an estimated value of £4,227 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £360,000

    Feb 2018

    Estimated Valuation

    £443,800

    Est. £/sq ft

    £393/sq ft

    £4,227/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,130 sq ft (105 m²)
    EPC dateJul 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2018

    £360,000

    23 Apr 2001

    £104,000

    25 Oct 1996

    New build

    £64,125

    Key Metrics

    Estimated valuation£443,800
    Value per sq ft / m²£393/sq ft (£4,227/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile80th percentile
    National percentile73rd 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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