5 Fairmount Drive

    5, FAIRMOUNT DRIVE, SOUTH OCKENDON, RM15 5GP

    This terraced freehold property on Fairmount Drive last sold in July 2019 for £413,995. Based on price growth in the RM15 district since then, its estimated current value is £494,045 — placing it in the 78th percentile nationally and the 89th percentile within RM15. The property covers 101 m² (1,087 sq ft), giving an estimated value of £4,892 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £413,995

    Jul 2019

    Estimated Valuation

    £494,045

    Est. £/sq ft

    £454/sq ft

    £4,892/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,087 sq ft (101 m²)
    EPC dateMay 2019
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2019

    New build

    £413,995

    Key Metrics

    Estimated valuation£494,045
    Value per sq ft / m²£454/sq ft (£4,892/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile89th percentile
    National percentile78th 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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