72 Chelmer Drive

    72, CHELMER DRIVE, SOUTH OCKENDON, RM15 6EE

    This terraced freehold property on Chelmer Drive last sold in September 2022 for £345,000. Based on price growth in the RM15 district since then, its estimated current value is £347,979 — placing it in the 59th percentile nationally and the 43rd percentile within RM15. The property covers 55 m² (592 sq ft), giving an estimated value of £6,327 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £345,000

    Sept 2022

    Estimated Valuation

    £347,979

    Est. £/sq ft

    £588/sq ft

    £6,327/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Sept 2022

    £345,000

    25 Sept 2020

    £267,750

    1 Oct 2010

    £161,000

    28 Nov 2002

    £124,995

    8 Feb 2002

    £92,000

    5 Dec 1997

    New build

    £65,500

    Key Metrics

    Estimated valuation£347,979
    Value per sq ft / m²£588/sq ft (£6,327/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile43rd percentile
    National percentile59th 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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