55 Medlar Drive

    55, MEDLAR DRIVE, SOUTH OCKENDON, RM15 6TS

    This detached freehold property on Medlar Drive last sold in November 2013 for £260,000. Based on price growth in the RM15 district since then, its estimated current value is £523,716 — placing it in the 81st percentile nationally and the 92nd percentile within RM15. The property covers 90 m² (969 sq ft), giving an estimated value of £5,819 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £260,000

    Nov 2013

    Estimated Valuation

    £523,716

    Est. £/sq ft

    £541/sq ft

    £5,819/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateJan 2013
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2013

    £260,000

    28 Apr 2006

    £250,000

    29 Apr 2004

    £249,995

    22 Dec 1998

    New build

    £117,950

    Key Metrics

    Estimated valuation£523,716
    Value per sq ft / m²£541/sq ft (£5,819/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile92nd percentile
    National percentile81st 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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