8 Medlar Drive

    8, MEDLAR DRIVE, SOUTH OCKENDON, RM15 6TS

    This detached freehold property on Medlar Drive last sold in March 2018 for £485,000. Based on price growth in the RM15 district since then, its estimated current value is £600,865 — placing it in the 86th percentile nationally and the 97th percentile within RM15. The property covers 118 m² (1,270 sq ft), giving an estimated value of £5,092 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £485,000

    Mar 2018

    Estimated Valuation

    £600,865

    Est. £/sq ft

    £473/sq ft

    £5,092/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,270 sq ft (118 m²)
    EPC dateSept 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Mar 2018

    £485,000

    12 Nov 2002

    £175,000

    24 May 1998

    New build

    £140,950

    Key Metrics

    Estimated valuation£600,865
    Value per sq ft / m²£473/sq ft (£5,092/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile97th percentile
    National percentile86th 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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