88 Chelmer Drive

    88, CHELMER DRIVE, SOUTH OCKENDON, RM15 6EE

    This semi-detached freehold property on Chelmer Drive last sold in August 2015 for £220,000. Based on price growth in the RM15 district since then, its estimated current value is £343,741 — placing it in the 58th percentile nationally and the 41st percentile within RM15. The property covers 54 m² (581 sq ft), giving an estimated value of £6,366 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £220,000

    Aug 2015

    Estimated Valuation

    £343,741

    Est. £/sq ft

    £591/sq ft

    £6,366/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Aug 2015

    £220,000

    23 May 1997

    New build

    £67,687

    Key Metrics

    Estimated valuation£343,741
    Value per sq ft / m²£591/sq ft (£6,366/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile41st percentile
    National percentile58th 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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