8 Verbena Close

    8, VERBENA CLOSE, SOUTH OCKENDON, RM15 6ES

    This terraced freehold property on Verbena Close last sold in August 2021 for £263,000. Based on price growth in the RM15 district since then, its estimated current value is £293,057 — placing it in the 48th percentile nationally and the 24th percentile within RM15. The property covers 85 m² (915 sq ft), giving an estimated value of £3,448 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £263,000

    Aug 2021

    Estimated Valuation

    £293,057

    Est. £/sq ft

    £320/sq ft

    £3,448/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateJun 2021
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Aug 2021

    £263,000

    31 May 2006

    £135,000

    17 Sept 2003

    £117,000

    Key Metrics

    Estimated valuation£293,057
    Value per sq ft / m²£320/sq ft (£3,448/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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