38 Falcon Way

    38, FALCON WAY, SOUTH OCKENDON, RM15 5FW

    This flat/maisonette leasehold property on Falcon Way last sold in August 2024 for £285,000. Based on price growth in the RM15 district since then, its estimated current value is £298,524 — placing it in the 49th percentile nationally and the 25th percentile within RM15. The property covers 60 m² (646 sq ft), giving an estimated value of £4,975 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £285,000

    Aug 2024

    Estimated Valuation

    £298,524

    Est. £/sq ft

    £462/sq ft

    £4,975/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateNov 2019
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2024

    £285,000

    29 Nov 2019

    New build

    £254,995

    Key Metrics

    Estimated valuation£298,524
    Value per sq ft / m²£462/sq ft (£4,975/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile25th percentile
    National percentile49th 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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