16 Nicholas Close

    16, NICHOLAS CLOSE, SOUTH OCKENDON, SOUTH OCKENDON, RM15 6NJ

    This terraced freehold property on Nicholas Close last sold in May 2004 for £112,000. Based on price growth in the RM15 district since then, its estimated current value is £274,406 — placing it in the 43rd percentile nationally and the 20th percentile within RM15. The property covers 75 m² (807 sq ft), giving an estimated value of £3,659 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £112,000

    May 2004

    Estimated Valuation

    £274,406

    Est. £/sq ft

    £340/sq ft

    £3,659/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateNov 2014
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 May 2004

    £112,000

    Key Metrics

    Estimated valuation£274,406
    Value per sq ft / m²£340/sq ft (£3,659/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile20th percentile
    National percentile43rd 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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