Magnolia Close - RM15 6TE
Key Street Insights
Magnolia Close is a residential street with 24 addresses.
It ranks as the 105th largest and 207th most expensive of the 268 streets in the RM15 area. The most common property type is a modern house built after 1980.
The street contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £401,699
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,799pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £523/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Street Insights
Magnolia Close is a residential street with 24 addresses.
It ranks as the 105th largest and 207th most expensive of the 268 streets in the RM15 area. The most common property type is a modern house built after 1980.
The street contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £401,699
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,799pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £523/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertieson Magnolia Close, South Ockendon, RM15
- 1 Magnolia Close
House
- 2 Magnolia Close
3 Bed House
- 3 Magnolia Close
3 Bed Modern House
- 4 Magnolia Close
2 Bed Modern House
- 5 Magnolia Close
House
Sales Market Trends
The last sale on Magnolia Close sold for £330,000 on 8th May 2024. Since then prices are up an average of 3.1%.
The current average value in the street is £401,699.
The Magnolia Close Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £401,699 |
| June 2025 | 3% | £401,605 |
| June 2024 | -3.7% | £389,772 |
| June 2023 | 0.7% | £404,870 |
| June 2022 | 12.7% | £402,027 |
| June 2021 | 6.1% | £356,761 |
| June 2020 | 1.6% | £336,315 |
| June 2019 | 0.7% | £331,102 |
| June 2018 | 2.7% | £328,930 |
| June 2017 | 4.5% | £320,141 |
| June 2016 | 17.8% | £306,250 |
| June 2015 | 14.6% | £259,966 |
| June 2014 | 13.8% | £226,800 |
| June 2013 | 2.9% | £199,290 |
| June 2012 | -1% | £193,598 |
| June 2011 | 0.7% | £195,624 |
| June 2010 | 11% | £194,213 |
| June 2009 | -13.7% | £174,982 |
| June 2008 | 0.6% | £202,723 |
| June 2007 | 0% | £201,456 |
Rental Market Trends
The current average rental value in the street is £1,799.
The Magnolia Close Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,799pcm |
| June 2025 | 5.4% | £1,738pcm |
| June 2024 | 9.2% | £1,649pcm |
| June 2023 | 12.7% | £1,510pcm |
| June 2022 | 7.7% | £1,339pcm |
| June 2021 | 2.8% | £1,244pcm |
| June 2020 | 3% | £1,210pcm |
| June 2019 | 2% | £1,174pcm |
| June 2018 | 0.4% | £1,151pcm |
| June 2017 | 0.5% | £1,146pcm |
| June 2016 | 6.1% | £1,140pcm |
| June 2015 | 7.6% | £1,075pcm |
| June 2014 | 4.5% | £999pcm |
| June 2013 | 3.5% | £956pcm |
| June 2012 | 4.5% | £924pcm |
| June 2011 | 4.1% | £884pcm |
| June 2010 | 7.6% | £849pcm |
| June 2009 | -3.9% | £789pcm |
| June 2008 | 4.8% | £821pcm |
| June 2007 | 0% | £784pcm |
Sales History
The last sale was on 8th May 2024 for £330,000 and since then the market in the area has increased by 3.1%. The street has had a total of 74 sales since 1995.
Magnolia Close, South Ockendon, RM15 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£330,000 | 2 Bed House10, Magnolia Close, South Ockendon, RM15 6TE10, Magnolia Close, South Ockendon, RM15 6TE
- Sold Sep 2023£418,000 | 3 Bed House11, Magnolia Close, South Ockendon, RM15 6TE11, Magnolia Close, South Ockendon, RM15 6TE
- Sold Oct 2022£355,000 | 2 Bed House4, Magnolia Close, South Ockendon, RM15 6TE4, Magnolia Close, South Ockendon, RM15 6TE
- Sold Feb 2020£233,750 | 3 Bed House3, Magnolia Close, South Ockendon, RM15 6TE3, Magnolia Close, South Ockendon, RM15 6TE
- Sold Jun 2019£335,000 | 3 Bed House26, Magnolia Close, South Ockendon, RM15 6TE26, Magnolia Close, South Ockendon, RM15 6TE
Top 3 Most Expensive Sales
- Sold Sep 2023£418,000 | 3 Bed House11, Magnolia Close, South Ockendon, RM15 6TE11, Magnolia Close, South Ockendon, RM15 6TE
- Sold Nov 2016£377,000 | 4 Bed House9, Magnolia Close, South Ockendon, RM15 6TE9, Magnolia Close, South Ockendon, RM15 6TE
- Sold Oct 2022£355,000 | 2 Bed House4, Magnolia Close, South Ockendon, RM15 6TE4, Magnolia Close, South Ockendon, RM15 6TE
Nearby Streets
Magnolia Close, South Ockendon, RM15 is the 105th largest and the 207th most expensive street in the RM15 area.
- Medlar Drive, South Ockendon, RM1543 Addresses|85 m away
- Rosewood Close, South Ockendon, RM1516 Addresses|93 m away
- Holly Drive, South Ockendon, RM1550 Addresses|97 m away
- Lavender Close, South Ockendon, RM1520 Addresses|117 m away
- Cherry Tree Drive, South Ockendon, RM1550 Addresses|197 m away
- Juniper Drive, South Ockendon, RM1533 Addresses|207 m away
Property Types
- 14 modern houses built after 1980
- 3 houses of an unknown age
- 7 other addresses of unknown type
- modern house (14)
- house (3)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (11)
- G (0)
- D (3)
- No EPC (10)
Schools Nearby
- Benyon Primary School1.0 km away
- Bonnygate Primary School1.4 km away
- Shaw Primary Academy1.7 km away
- Harris Academy Ockendon2.0 km away
- William Edwards School2.5 km away
- The Hathaway Academy3.6 km away
More reading links
Public Transport Nearby
The closest station to Magnolia Close, South Ockendon, RM15 - RM15 6TE is Ockendon station, which is 1.2 kilometres away.
- Ockendon|1.2 km away
- Chafford Hundred Lakeside|3.9 km away
- Grays|4.8 km away