9 Magnolia Close

    9, MAGNOLIA CLOSE, SOUTH OCKENDON, RM15 6TE

    This terraced freehold property on Magnolia Close last sold in November 2016 for £377,000. Based on price growth in the RM15 district since then, its estimated current value is £479,575 — placing it in the 77th percentile nationally and the 87th percentile within RM15. The property covers 120 m² (1,292 sq ft), giving an estimated value of £3,996 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £377,000

    Nov 2016

    Estimated Valuation

    £479,575

    Est. £/sq ft

    £371/sq ft

    £3,996/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,292 sq ft (120 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Nov 2016

    £377,000

    12 Jan 2007

    £192,000

    15 Aug 2001

    £125,000

    30 Mar 1999

    £92,000

    19 Sept 1997

    New build

    £87,995

    Key Metrics

    Estimated valuation£479,575
    Value per sq ft / m²£371/sq ft (£3,996/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile87th percentile
    National percentile77th 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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