94 Chelmer Drive

    94, CHELMER DRIVE, SOUTH OCKENDON, RM15 6EE

    This terraced freehold property on Chelmer Drive last sold in November 2017 for £252,500. Based on price growth in the RM15 district since then, its estimated current value is £325,392 — placing it in the 54th percentile nationally and the 33rd percentile within RM15. The property covers 55 m² (592 sq ft), giving an estimated value of £5,916 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £252,500

    Nov 2017

    Estimated Valuation

    £325,392

    Est. £/sq ft

    £550/sq ft

    £5,916/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateMar 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Nov 2017

    £252,500

    12 Dec 2002

    £122,000

    29 Nov 1996

    New build

    £59,500

    Key Metrics

    Estimated valuation£325,392
    Value per sq ft / m²£550/sq ft (£5,916/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile33rd percentile
    National percentile54th 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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