50 Chelmer Drive

    50, CHELMER DRIVE, SOUTH OCKENDON, RM15 6EE

    This terraced freehold property on Chelmer Drive last sold in September 2019 for £260,000. Based on price growth in the RM15 district since then, its estimated current value is £310,273 — placing it in the 51st percentile nationally and the 28th percentile within RM15. The property covers 56 m² (603 sq ft), giving an estimated value of £5,541 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £260,000

    Sept 2019

    Estimated Valuation

    £310,273

    Est. £/sq ft

    £515/sq ft

    £5,541/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateSept 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2019

    £260,000

    23 Jan 1998

    New build

    £66,000

    Key Metrics

    Estimated valuation£310,273
    Value per sq ft / m²£515/sq ft (£5,541/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile28th percentile
    National percentile51st 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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