7 Bann Close

    7, BANN CLOSE, SOUTH OCKENDON, RM15 5QT

    This terraced freehold property on Bann Close last sold in November 2019 for £247,500. Based on price growth in the RM15 district since then, its estimated current value is £295,356 — placing it in the 48th percentile nationally and the 24th percentile within RM15. The property covers 73 m² (786 sq ft), giving an estimated value of £4,046 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £247,500

    Nov 2019

    Estimated Valuation

    £295,356

    Est. £/sq ft

    £376/sq ft

    £4,046/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateOct 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Nov 2019

    £247,500

    Key Metrics

    Estimated valuation£295,356
    Value per sq ft / m²£376/sq ft (£4,046/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile24th percentile
    National percentile48th 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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