8 Alder Drive

    8, ALDER DRIVE, SOUTH OCKENDON, RM15 6RD

    This terraced freehold property on Alder Drive last sold in August 2024 for £360,000. Based on price growth in the RM15 district since then, its estimated current value is £362,698 — placing it in the 61st percentile nationally and the 50th percentile within RM15. The property covers 64 m² (689 sq ft), giving an estimated value of £5,667 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £360,000

    Aug 2024

    Estimated Valuation

    £362,698

    Est. £/sq ft

    £526/sq ft

    £5,667/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 2024

    £360,000

    1 Mar 2010

    £198,000

    28 Jun 1999

    £85,500

    31 Mar 1995

    New build

    £63,127

    Key Metrics

    Estimated valuation£362,698
    Value per sq ft / m²£526/sq ft (£5,667/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile50th percentile
    National percentile61st 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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