6 Magnolia Close

    6, MAGNOLIA CLOSE, SOUTH OCKENDON, RM15 6TE

    This terraced freehold property on Magnolia Close last sold in November 2013 for £260,000. Based on price growth in the RM15 district since then, its estimated current value is £539,960 — placing it in the 82nd percentile nationally and the 93rd percentile within RM15. The property covers 100 m² (1,076 sq ft), giving an estimated value of £5,400 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £260,000

    Nov 2013

    Estimated Valuation

    £539,960

    Est. £/sq ft

    £502/sq ft

    £5,400/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2013

    £260,000

    30 Nov 2005

    £270,000

    31 Jul 1998

    New build

    £131,500

    Key Metrics

    Estimated valuation£539,960
    Value per sq ft / m²£502/sq ft (£5,400/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile93rd percentile
    National percentile82nd 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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