10 Verbena Close

    10, VERBENA CLOSE, SOUTH OCKENDON, RM15 6ES

    This flat/maisonette freehold property on Verbena Close last sold in July 2022 for £245,000. Based on price growth in the RM15 district since then, its estimated current value is £208,855 — placing it in the 27th percentile nationally and the 10th percentile within RM15. The property covers 81 m² (872 sq ft), giving an estimated value of £2,578 per m². The EPC rating is D, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £245,000

    Jul 2022

    Estimated Valuation

    £208,855

    Est. £/sq ft

    £240/sq ft

    £2,578/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialA
    Floor area872 sq ft (81 m²)
    EPC dateNov 2016
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2022

    £245,000

    7 Oct 2004

    £124,000

    Key Metrics

    Estimated valuation£208,855
    Value per sq ft / m²£240/sq ft (£2,578/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile10th percentile
    National percentile27th 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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