7 Lavender Close

    7, LAVENDER CLOSE, SOUTH OCKENDON, RM15 6TH

    This terraced freehold property on Lavender Close last sold in August 2022 for £355,000. Based on price growth in the RM15 district since then, its estimated current value is £358,065 — placing it in the 61st percentile nationally and the 47th percentile within RM15. The property covers 60 m² (646 sq ft), giving an estimated value of £5,968 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £355,000

    Aug 2022

    Estimated Valuation

    £358,065

    Est. £/sq ft

    £554/sq ft

    £5,968/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateMar 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2022

    £355,000

    8 Jan 2018

    £280,000

    18 Dec 2003

    £150,000

    31 Mar 1998

    New build

    £76,995

    Key Metrics

    Estimated valuation£358,065
    Value per sq ft / m²£554/sq ft (£5,968/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile47th 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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