5 Redwood Chase

    5, REDWOOD CHASE, SOUTH OCKENDON, RM15 6RE

    This terraced freehold property on Redwood Chase last sold in July 2024 for £325,000. Based on price growth in the RM15 district since then, its estimated current value is £327,436 — placing it in the 55th percentile nationally and the 33rd percentile within RM15. The property covers 59 m² (635 sq ft), giving an estimated value of £5,550 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £325,000

    Jul 2024

    Estimated Valuation

    £327,436

    Est. £/sq ft

    £516/sq ft

    £5,550/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateMay 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jul 2024

    £325,000

    19 Aug 2004

    £160,000

    26 Jul 1996

    New build

    £65,495

    Key Metrics

    Estimated valuation£327,436
    Value per sq ft / m²£516/sq ft (£5,550/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile33rd percentile
    National percentile55th 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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