2 Alder Drive

    2, ALDER DRIVE, SOUTH OCKENDON, RM15 6RD

    This terraced freehold property on Alder Drive last sold in August 2024 for £375,000. Based on price growth in the RM15 district since then, its estimated current value is £377,810 — placing it in the 64th percentile nationally and the 57th percentile within RM15. The property covers 53 m² (570 sq ft), giving an estimated value of £7,128 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £375,000

    Aug 2024

    Estimated Valuation

    £377,810

    Est. £/sq ft

    £662/sq ft

    £7,128/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageF
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateSept 2023
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2024

    £375,000

    14 Jun 2013

    £206,000

    21 Sept 2005

    £177,000

    16 Jun 2000

    £98,500

    31 Mar 1995

    New build

    £57,500

    Key Metrics

    Estimated valuation£377,810
    Value per sq ft / m²£662/sq ft (£7,128/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile57th percentile
    National percentile64th 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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